Harvest Bakery sells dinner rolls and multigrain bread. The company needs to determine the cost of two work orders for the month of July. Work Order 215 is for 2,400 packages of dinner rolls and Work Order 216 is for 2,800 loaves of multi- grain bread. The following information shows the different operations used by the two work orders: Operations 1. Bake 2. Shape loaves 3. Cut rolls Work Order 215 Use Do not use Use Work Order 216 Use Use Do not use Harvest For July, Bakery budgeted that it would make 9,600 packages of dinner rolls and 13,000 multigrain loaves (with associated direct materials costs of $5,280 and $11,700, respectively). Budgeted conversion costs for each operation in July were: Baking, $18,080; Shaping, $3,250; and Cutting, $1,440. Using the budgeted number of packages as the denominator to calculate the budgeted conversion- cost rates for each operation, what is the budgeted cost of goods manufactured for Work Order 215?

Harvest Bakery sells dinner rolls and multigrain bread. The company needs to determine the cost of two work orders for the month of July. Work Order 215 is for 2,400 packages of dinner rolls and Work Order 216 is for 2,800 loaves of multi- grain bread. The following information shows the different operations used by the two work orders: Operations 1. Bake 2. Shape loaves 3. Cut rolls Work Order 215 Use Do not use Use Work Order 216 Use Use Do not use Harvest For July, Bakery budgeted that it would make 9,600 packages of dinner rolls and 13,000 multigrain loaves (with associated direct materials costs of $5,280 and $11,700, respectively). Budgeted conversion costs for each operation in July were: Baking, $18,080; Shaping, $3,250; and Cutting, $1,440. Using the budgeted number of packages as the denominator to calculate the budgeted conversion- cost rates for each operation, what is the budgeted cost of goods manufactured for Work Order 215?

Name: Harvest Bakery sells dinner rolls and multigrain bread. The company n
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Description: Harvest Bakery sells dinner rolls and multigrain bread. The company needs to determinethe cost of two work orders for the month of July. Work Order 215 is for 2,400 packages ofdinner rolls and Work Order 216 is for 2,800 loaves of multi- grain bread

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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