Robertson's Fancy Bakery worked on two projects during the month of August. Information on the jobs is given below. Birthday Cake Wedding Cake 6.0 lbs 9.0 lbs 0.5 dozen 3.0 dozen 3.0 lbs 1.5 lbs 1.5 lbs 5.0 hours 4.0 hours $92 Flour $3.00/lb Eggs $3.00/dozen Sugar $2.00/lb Other ingredients $4.00/lb Mixing $2.00/hour Decorating $7.00/hour Manufacturing Overhead (actual) Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate direct materials and direct labor for each job. Materials Labor 3.0 lbs 7.0 hours 15.0 hours $108 Birthday Cake S Wedding Cake$ b) What is the total product cost for each job?
Robertson's Fancy Bakery worked on two projects during the month of August. Information on the jobs is given below. Birthday Cake Wedding Cake 6.0 lbs 9.0 lbs 0.5 dozen 3.0 dozen 3.0 lbs 1.5 lbs 1.5 lbs 5.0 hours 4.0 hours $92 Flour $3.00/lb Eggs $3.00/dozen Sugar $2.00/lb Other ingredients $4.00/lb Mixing $2.00/hour Decorating $7.00/hour Manufacturing Overhead (actual) Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate direct materials and direct labor for each job. Materials Labor 3.0 lbs 7.0 hours 15.0 hours $108 Birthday Cake S Wedding Cake$ b) What is the total product cost for each job?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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please explain with formula without plagiarism
Transcribed Image Text:b) What is the total product cost for each job?
Birthday Cake $
Wedding Cake$
Total Cost
Transcribed Image Text:Robertson's Fancy Bakery worked on two projects during the month of August. Information on the jobs is given below.
Birthday Cake Wedding Cake
6.0 lbs
9.0 lbs
3.0 dozen
1.5 lbs
3.0 lbs
7.0 hours
15.0 hours
$108
Flour $3.00/lb
Eggs $3.00/dozen
Sugar $2.00/lb
Other ingredients $4.00/lb
Mixing $2.00/hour
Decorating $7.00/hour
Manufacturing Overhead (actual)
0.5 dozen
3.0 lbs
1.5 lbs
5.0 hours
4.0 hours
$92
Do not enter dollar signs or commas in the input boxes.
Round your answers to 2 decimal places.
a) Calculate direct materials and direct labor for each job.
Materials
Labor
Birthday Cake S
Wedding Cake$
b) What is the total product cost for each job?
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