Assume the following costs were incurred during Bene Petit's first year of operations: Main ingredients $...
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Assume the following costs were incurred during Bene Petit's first year of operations: Main ingredients $ 41,000 3,000 18,000 Miscellaneous ingredients and supplies Direct labor (part-time workers) Indirect labor/supervision Packaging materials (direct) Depreciation on kitchen equipment 20,000 15,000 12,000 Depreciation on delivery trucks 6,000 5,000 8,000 4,000 Website development and maintenance Fuel for delivery trucks Insurance expense Required: Compute the following: a. Direct materials cost: b. Prime cost c. Manufacturing overhead cost d. Conversion cost e. Total manufacturing (product) cost f. Total nonmanufacturing (period) expenses g. Total variable cost h. Total fixed cost Assume the following costs were incurred during Bene Petit's first year of operations: Main ingredients $ 41,000 3,000 18,000 Miscellaneous ingredients and supplies Direct labor (part-time workers) Indirect labor/supervision Packaging materials (direct) Depreciation on kitchen equipment 20,000 15,000 12,000 Depreciation on delivery trucks 6,000 5,000 8,000 4,000 Website development and maintenance Fuel for delivery trucks Insurance expense Required: Compute the following: a. Direct materials cost: b. Prime cost c. Manufacturing overhead cost d. Conversion cost e. Total manufacturing (product) cost f. Total nonmanufacturing (period) expenses g. Total variable cost h. Total fixed cost
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Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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