Vai In response to a growing awareness of gluten allergies, Cullumber Bakery tried using gluten-free flour in its three most popularcookies. After several attempts and a lot of inedible cookies, the company perfected new recipes that yield delicious gluten-freecookies. The costs of producing a batch of 100 cookies are as follows:Sales priceVariable costFixed costTotal costGross profitPounds of flour(a)CookiesChocolate ChipSugarChocolateChip$117Oatmeal Raisin$$6517$82$352.5Sugar$110$701484$262.5Assuming no raw material constraints and unlimited demand for cookies, calculate contribution margin per batch for ChocolateChip, Sugar, Oatmeal Raisin cookies. (Round answers to 2 decimal places, e.g. 52.75.)OatmealRaisin$117Contribution Margin$751994$232What type of cookie would maximize the company's contribution margin?

Variable costs are costs that varies with the change in the level of output whereas fixed costs are…

In response to a growing awareness of gluten allergies, Cullumber Bakery tried using gluten-free flour in its three most popular cookies. After several attempts and a lot of inedible cookies, the company perfected new recipes that yield delicious gluten-free cookies. The costs of producing a batch of 100 cookies are as follows: Sales price Variable cost Fixed cost Total cost Gross profit Pounds of flour (a) Cookies Chocolate Chip Chocolate Chip $117 $65 Sugar Oatmeal Raisin *|*|*|* $ Sugar $110 $ $70 14 84 $26 2.5 Assuming no raw material constraints and unlimited demand for cookies, calculate contribution margin per batch for Chocolate Chip, Sugar, Oatmeal Raisin cookies. (Round answers to 2 decimal places, e.g. 52.75.) Oatmeal Raisin $117 $75 19 Contribution Margin 94 $23 2 What type of cookie would maximize the company's contribution margin?

In response to a growing awareness of gluten allergies, Cullumber Bakery tried using gluten-free flour in its three most popular cookies. After several attempts and a lot of inedible cookies, the company perfected new recipes that yield delicious gluten-free cookies. The costs of producing a batch of 100 cookies are as follows: Sales price Variable cost Fixed cost Total cost Gross profit Pounds of flour (a) Cookies Chocolate Chip Chocolate Chip $117 $65 Sugar Oatmeal Raisin ||| $ Sugar $110 $ $70 14 84 $26 2.5 Assuming no raw material constraints and unlimited demand for cookies, calculate contribution margin per batch for Chocolate Chip, Sugar, Oatmeal Raisin cookies. (Round answers to 2 decimal places, e.g. 52.75.) Oatmeal Raisin $117 $75 19 Contribution Margin 94 $23 2 What type of cookie would maximize the company's contribution margin?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 7EB: Oat Treats manufactures various types of cereal bars featuring oats. Simmons Cereal Company has...

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In response to a growing awareness of gluten allergies, Pharoah Bakery tried using gluten-free flour in its three most popular cookies. After several attempts and a lot of inedible cookies, the company perfected new recipes that yield delicious gluten-free cookies. The costs of producing a batch of 100 cookies are as follows: Chocolate Oatmeal Raisin Sales price Variable cost Fixed cost Total cost Gross profit Pounds of flour རྩི 2」བྷཡོ」དྷ」ཕི」 Sugar $115 $120 $74 $78 13 21 87 99 $28 $21 2.5 2 (a) Assuming no raw material constraints and unlimited demand for cookies, calculate contribution margin per batch for Chocolate Chip, Sugar, Oatmeal Raisin cookies. (Round answers to 2 decimal places, e.g. 52.75.) Cookies Contribution Margin $ Chocolate Chip $ Sugar $ Oatmeal Raisin What type of cookie would maximize the company's contribution margin?
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Pharoah’s flour supplier has announced a shortage of gluten-free flour. As a result, Pharoah will only be able to purchase 51,800pounds of flour.How many batches of each type of cookie should the company bake? What will the company’s contribution margin be?
H. Banks Company would like to design, produce, and sell versatile toasters for the home kitchen market. The toaster will have four slots that adjust in thickness to accommodate both slim slices of bread and oversized bagels. The target price is $65. Banks requires that new products be priced such that 24% of the price is profit. Required: If required, round your answers to two decimal places. 1. Calculate the amount of desired profit per unit of the new toaster.$fill in the blank 1 2. Calculate the target cost per unit of the new toaster.$fill in the blank 2
The O'Neill Shoe Manufacturing Company will produce a special-style shoe if the order size is large enough to provide a reasonable profit. For each special-style order, the company incurs a fixed cost of $1800 for the production setup.
please explain steps on how to solve Chloe's Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.70 for 3,900 and $0.65 for 7,800. Required: If the total cost function for croissants is linear, what will be the average cost to bake 7,000? (Do not round intermediate calculations. Round your final answer to 4 decimal places.)
1. Calculate the contribution margin per hour per Chocolate cake, Birthday cake, Specialty cake. 2. Which cakes the company should try to sell more of first, second and last?
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
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Analyse the cost-profit of the soap, and fill the blanks with value and show the workings.
A Prepare a schedule to show the differential costs per cookie (Enter your answers to 2 decimal places. Select option "higher" or "lower", keeping Status Quo as the base. Select "none" if there is no effect.) B. Should Mel continue to buy the cookies?
Outsourcing Dough, Re, Mi Inc. sells many different types of cookie dough. The company is deciding whether to continue making its own dough or to outsource. If the company outsources, they will eliminate all of the variable overhead and 30% of the fixed manufacturing overhead, but will incur shipping costs. Use the information below to determine whether Dough, Re, Mi Inc. should outsource or not. Data Units Per unit Relevant? Sales price per unit $ Direct materials 119.00 26.00 per unit Direct labor per unit 18.00 Variable manufacturing overhead per unit 14.00 Fixed manufacturing overhead (MOH): per month 30.00 Avoidable fixed MOH per month Unavoidable fixed MOH per month Sales commissions per unit 3.00 Advertising costs per month per unit Purchase price of outsourced product Shipping costs of outsourced product 1.80 59.00 1.00 per unit Costs per unit Incremental analysis Manufacture Variable costs Enter "=0" in the cell for any cost not relevant to the decision. Direct materials…