It is January 15, 2022. You are not ready to open a brick-and-mortar bakery but you...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
It is January 15, 2022. You are not ready to open a brick-and-mortar bakery but you think you can handle catering. During your first month, you received 4 orders. Use the following schedule to determine how much of each raw material you need to use for each dozen cupcakes. It takes you 60 minutes to mix, bake, cool, and ice two dozen cupcakes. You can only cook two dozen cupcakes at one time. Material Flour Butter Sugar Eggs Milk Vanilla Cocoa Powder Vanilla Icing Chocolate Icing Bakery box Flour Butter Sugar Eggs Milk Unit size pound pound Vanilla Vanilla Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss pound dozen gallon gallon pound pound pound each Job #1 Two dozen vanilla cupcakes with white icing. Material Cost $ $ $ $ Pounds per dozen 0.5 0.25 0.5 0.17 0.1 0.25 0.25 0.75 0.75 1 2.25 Flour 0.43 Butter 2.00 Sugar 0.10 Eggs Milk Cocoa Powder Cost per pound $ $ Chocolate Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss $ $ $ $ $ $ $ $ Job #2 Four dozen chocolate cupcakes with chocolate icing Material Cost 2.25 1.15 2.00 1.75 2.50 6.00 4.00 1.25 1.50 0.50 Flour Butter Selling Price per Dozen Cupcakes $ Overhead per dozen $ Sugar Eggs Milk Vanilla Chocolate Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss Units sold Labor cost per hour One dozen vanilla cupcakes with chocolate icing Material Job #3 Cost $ Flour Butter Sugar Eggs Milk Three dozen chocolate cupcakes with vanilla icing Material Cost Cocoa Powder Vanilla Icing Bakery Box Labor Overhead Total Cost 20.00 2.75 10 15.00 Customer Price Profit/Loss Job #4 It is January 15, 2022. You are not ready to open a brick-and-mortar bakery but you think you can handle catering. During your first month, you received 4 orders. Use the following schedule to determine how much of each raw material you need to use for each dozen cupcakes. It takes you 60 minutes to mix, bake, cool, and ice two dozen cupcakes. You can only cook two dozen cupcakes at one time. Material Flour Butter Sugar Eggs Milk Vanilla Cocoa Powder Vanilla Icing Chocolate Icing Bakery box Flour Butter Sugar Eggs Milk Unit size pound pound Vanilla Vanilla Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss pound dozen gallon gallon pound pound pound each Job #1 Two dozen vanilla cupcakes with white icing. Material Cost $ $ $ $ Pounds per dozen 0.5 0.25 0.5 0.17 0.1 0.25 0.25 0.75 0.75 1 2.25 Flour 0.43 Butter 2.00 Sugar 0.10 Eggs Milk Cocoa Powder Cost per pound $ $ Chocolate Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss $ $ $ $ $ $ $ $ Job #2 Four dozen chocolate cupcakes with chocolate icing Material Cost 2.25 1.15 2.00 1.75 2.50 6.00 4.00 1.25 1.50 0.50 Flour Butter Selling Price per Dozen Cupcakes $ Overhead per dozen $ Sugar Eggs Milk Vanilla Chocolate Icing Bakery Box Labor Overhead Total Cost Customer Price Profit/Loss Units sold Labor cost per hour One dozen vanilla cupcakes with chocolate icing Material Job #3 Cost $ Flour Butter Sugar Eggs Milk Three dozen chocolate cupcakes with vanilla icing Material Cost Cocoa Powder Vanilla Icing Bakery Box Labor Overhead Total Cost 20.00 2.75 10 15.00 Customer Price Profit/Loss Job #4
Expert Answer:
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
Students also viewed these general management questions
-
Assume that the maximum amount of that Romain is willing to pay for a chocolate bar is $5.00 and the current market price is $2.50. At this price Romain is willing and able to purchase 6 chocolate...
-
It is the post-apocalyptic era, and hardship and depression run rampant. You are currently at the bottom of a staircase in the basement of an abandoned building looking at what is pure...
-
The Philbrick Company has two plants on opposite sides of the United States. Each of these plants produces the same two products and then sells them to wholesalers within its half of the country. The...
-
The Transco Company is considering making and supplying computer-controlled traffic- signal switching boxes to be used throughout Arizona. Transco has estimated the market for its boxes by examining...
-
Unchil & Doshak is an advertising agency. The firm uses a job cost system in which each client is a different "job." Unchil & Doshak traces direct labor, software licensing costs, and travel costs...
-
What is the unique mechanical property of elastomeric materials, and what structural feature is responsible for it?
-
The agreement under which Toshiba Printers issued its long-term debt requires the restriction of \(\$ 100,000\) of the company's retained earnings balance. Total retained earnings is \(\$ 250,000\),...
-
Convert the temperatures in parts (a) and (b) and temperature intervals in parts (c) and (d): (a) T = 85F to R, C, K (b) T = 10C to K, F, R (c) T = 85C to K, F, R (d) T = 150R to F, C, K
-
Victorian Creations Situation: Victorian Creations is a growing business that specializes in the reproduction of fur[1]niture from the Victorian era. Since 2006, sales have increased steadily. The...
-
Peter Daly operates a photo printing centre in Whitehorse. All transactions requiring the payment of cash are recorded in the cash payments journal (page 5). The account balances as of May 1, 2019,...
-
The derivatives markets can help price discovery since: Group of answer choices Futures prices are a forecast of future spot prices. Transaction costs are generally lower than in the spot market....
-
During the first quarter of the year, Sunland Company generated sales revenue of $1250000 on sales of 50000 units of its wireless earbuds. The break-even point is 30000 units. What is the company's...
-
How do mitochondria contribute to cellular signaling pathways, particularly in the context of calcium homeostasis and reactive oxygen species (ROS) production, and what is the impact of mitochondrial...
-
A model rocket is fired from the roof of a 50 ft. tall building as shown in the figure below. The height of the rocket is given by: y(t) 150t 16t2+ 50ft Find the following. a) The initial velocity...
-
Consider the following C function. int fun(){ if(n
-
If Joe rides his bicycle in a straight line for 15 minutes with an average velocity of 12.5 km/hr south, how far has he ridden?
-
An annuity pays equal payments each quarter for eight years. At the end of the eight years, the annuity holder receives a lump sum payment of $10,000. If the annuity costs $20,000 today, how much...
-
7 A 29-year-old, previously healthy man suddenly collapses at a party where legal and illicit drugs are being used. Enroute to the hospital, he requires resuscitation with defibrillation to establish...
-
Nestle Group, a multinational food products firm based in Switzerland, recently issued its financial statements. The auditor's opinion attached to the financial statements stated the following: ''In...
-
A firms income tax return shows income taxes for 2017 of $35,000. The firm reports deferred tax assets before any valuation allowance of $24,600 at the beginning of 2017 and $27,200 at the end of...
-
ARTL Company issued 3%, 10-year convertible bonds on January 1, 2010, at their par value of $500 million. Each $1,000 bond is convertible into 40 shares of ARTLs $1 par value common stock . Use the...
-
Solve Prob. 8-48 using Castigliano's theorem. Data From Problem 8.48 = ABC 6.5(103) mm IBC 100(10) mm+ AAB = 18(10) mm IAR 400(10) mm+ DA = 3 m B -50 kN 1 m
-
Solve Prob. 8-40 using Castigliano's theorem. Data From Problem 8.40 2 k/ft 8 ft 8 ft B
-
Solve Prob. 8-53 using Castigliano's theorem. Data From Problem 8.53 8 k 10 ft. 8 ft D A B
Study smarter with the SolutionInn App