Part 3 Analytics Assignment: Managerial Decision Making [The following information applies to the questions displayed below.] These questions relate to the Integrated Analytics Case: Bene Petit. Select the appropriate eBook link to open the Case Overview, Case Background, and Part 3: Managerial Decision Making. The following table summarizes the operating results for Bene Petit's first year of operations: Bene Petit First Year Operating Data: Single (1 serving) 3,000 3,000 750 3,000 6 Dual (1) serving) 5,000 10,000 1,250 5,000 10 Family (1 serving) Total 12,000 20,000 48,000 61,000 5,000 20,000 40 Customer Meals Sold Total Customer Servings Customer Orders (Average = 4 meals per order) Number of Donated Meals (Average = 4 meals per order) Number of Donated Deliveries (500 meals per delivery) Additional information about selling prices, variable costs, and fixed costs is summarized below: • The average sales price for customer meals is $5 per serving. • The average direct materials (ingredients) cost of customer meals is $1 per serving. • Direct labor costs average $0.75 per customer meal. 3,000 12,000 24 • Variable manufacturing overhead costs are applied at a rate equal to 60% of direct labor. • The delivery expense for customer meals is $2 per customer order. • The incremental cost of producing the donated meals is $1.25 per meal. • The delivery expense for donated meals is $125 per delivery to community partners. • The following fixed costs are allocated to customer meals based on total sales revenue: • Fixed manufacturing overhead costs are $75,000 per year. • Fixed selling expenses are $29,000 per year. • Fixed administrative expenses are $40,000 per year.
Part 3 Analytics Assignment: Managerial Decision Making [The following information applies to the questions displayed below.] These questions relate to the Integrated Analytics Case: Bene Petit. Select the appropriate eBook link to open the Case Overview, Case Background, and Part 3: Managerial Decision Making. The following table summarizes the operating results for Bene Petit's first year of operations: Bene Petit First Year Operating Data: Single (1 serving) 3,000 3,000 750 3,000 6 Dual (1) serving) 5,000 10,000 1,250 5,000 10 Family (1 serving) Total 12,000 20,000 48,000 61,000 5,000 20,000 40 Customer Meals Sold Total Customer Servings Customer Orders (Average = 4 meals per order) Number of Donated Meals (Average = 4 meals per order) Number of Donated Deliveries (500 meals per delivery) Additional information about selling prices, variable costs, and fixed costs is summarized below: • The average sales price for customer meals is $5 per serving. • The average direct materials (ingredients) cost of customer meals is $1 per serving. • Direct labor costs average $0.75 per customer meal. 3,000 12,000 24 • Variable manufacturing overhead costs are applied at a rate equal to 60% of direct labor. • The delivery expense for customer meals is $2 per customer order. • The incremental cost of producing the donated meals is $1.25 per meal. • The delivery expense for donated meals is $125 per delivery to community partners. • The following fixed costs are allocated to customer meals based on total sales revenue: • Fixed manufacturing overhead costs are $75,000 per year. • Fixed selling expenses are $29,000 per year. • Fixed administrative expenses are $40,000 per year.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter2: Basic Managerial Accounting Concepts
Section: Chapter Questions
Problem 49E: Use the following information for Exercises 2-47 through 2-49. Jasper Company provided the following...
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