Kate's Kale Chips produces a healthy snack made primarily of kale. Each bag of the product sells

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Kate's Kale Chips produces a healthy snack made primarily of kale. Each bag of the product sells for $5.00. The company computes the manufacturing overhead rate on a quarterly basis based upon the planned number of units to be produced that quarter. The following data are from Kate's Kale Chips projections for the upcoming quarter:

Projections

Sales........................................................................................ 20,000 bags

Production......................................................... ........................22,000 bag

Variable manufacturing cost per bag..............................................................$2.00

Sales and distribution costs per bag......................... ................................... $0.15

Total fixed manufacturing overhead............................................................$33,000

Fixed administrative overhead..................................................................$18,000

Required

1.Compute the projected product cost per bag produced under absorption costing.

2. Compute the projected product costs per bag under variable costing.

Distribution
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Cost Management A Strategic Emphasis

ISBN: 978-0078025532

6th edition

Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins

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Question Posted: Oct 27, 2016 01:52 AM

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Kate's Kale Chips produces a healthy snack made primarily of kale. Each bag of the product sells

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Given Data Projections Sales 20000 bags Production 22000 bags Variable ma...View the full answer

Cost Management A Strategic Emphasis

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