The company Jumex S.A. whose main business is the production and sale of pineapple juice in 1
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Question:
The costs incurred during the month of May were:
a) The consumption of the extraction process is of raw material $ 170,500, labor $ 21,400, Ind. Charges $ 10,200
b) The consumption of the packaging process is of raw material $ 32,400, labor $ 22,800, Ind. Charges $ 6,300
c) 13,500 Lt. of juice are sold
d) Accounting reports that from the extraction process the finished production is 18,000 Lt.,
production in process 900 to 65% complete
e) Accounting reports that the finished production of the packaging process is 15,000 Lt., production in process 1300 at 80% progress
It asks:
1.- Determine the unit costs of each process
2.- Determine the total cost of liters of pineapple finished and in process.
3.- Determine the cost of sales
4.- Determine the sale price if you want 80% profit margin and its amount.
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