based on information below, what would be the profit per cookie if they were sold $ 6
Question:
based on information below, what would be the profit per cookie if they were sold $ per cookie? what price should i sell it to make a profit and what should i change? Direct Materials Ingredients:
Ingredient Costs: $
This represents the cost of all the ingredients required to make the oatmeal cookies, such as oats, flour, sugar, etc.
Direct Labor Payroll Costs:
Weekly Payroll: $might be incorrect
This is the cost of labor for one week. Assuming five employees are paid $ per hour for six hours a day, seven days a week, the weekly payroll is $
Monthly Payroll: $might be incorrect, should reflect $ per hour
Calculated by multiplying the weekly payroll by four the average number of weeks in a month this represents the monthly labor cost for the Mixing and Baking Process.
Manufacturing and Equipment Costs:
Kitchen Equipment: $
The initial cost of purchasing kitchen equipment necessary for the mixing and baking process, such as mixers and ovens.
Rent and Utilities: $
Monthly expenses for renting the production space and utilities required for the manufacturing process.
Packing Equipment: $
The cost of packing equipment, which includes materials and machinery for packaging the finished cookies.
Total Manufacturing Costs: $
The sum of kitchen equipment, rent and utilities, and packing equipment costs.
Total Direct Costs Direct Materials Direct Labor
$ $
Total Direct Costs $
Total Manufacturing Costs Total Direct Costs Manufacturing and Equipment Costs
$ $
Total Manufacturing Costs $
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta