Sandy's Sauces, which produces stir-fry sauces, is developing direct material standards. Each bottle of sauce requires 0.6 kilograms of base. The allowance for waste is 0.7 kilograms per bottle, while the allowance for rejects is 0.8 kilograms per bottle. What is the standard quantity of base per bottle? A. 2.1 kilograms B. 0.6 kilograms C. 1.3 kilograms D. 1.4 kilograms
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- Tulsa Milling buys oats at $0.60 per pound and produces TPM Oat Flour, TPM Oat Flakes, and TPM Oat Bran. The process of separating the oats into oat flour and oat bran costs $0.30 per pound. The oat flour can be sold for $1.50 per pound, the oat bran for $2.00 per pound. Each pound of oats has 0.2 pounds of oat bran and 0.8 pounds of oat flour. A pound of oat flour can be made into oat flakes for a fixed cost of $240,000 plus a variable cost of $0.60 per pound. Tulsa Milling plans to process 1 million pounds of oats in 20X0, at a purchase price of $600,000. Requirements 1. Allocate all the joint costs to oat flour and oat bran using the physical-units method. 2. Allocate all the joint costs to oat flour and oat bran using the relative-sales-value method. 3. Suppose there were no market for oat flour. Instead, it must be made into oat flakes to be sold. Oat flakes sell for $2.90 per pound. Allocate the joint cost to oat bran and oat flakes using the relative-sales-value method.…Orange Incorporated grows and ships cabbage. It costs Orange $7 to put together each package for shipment and $0.10 to clean and process each vegetable. How much more does it cost to produce an order for 80 heads of cabbage than an order of 60 heads? (Round intermediate calculations up to nearest whole dollar amount.) DifferenceDog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses 0.75 cup of pure semolina flour. They buy 4,100 cups of flour at $0.50 per cup. They use 3,587.5 cups of flour to make 4,800 biscuits. The standard cost per cup of flour is $0.49. A. What are the direct materials price variance, the direct materials quantity variances, and the total direct materials cost variance? Round your answers to two decimals. Enter all amounts as positive numbers. Direct materials price variance $ Direct materials quantity variance $ Total direct materials cost variance $ B. What is the standard cost per biscuit for the semolina flour? Round your answer to four decimals. %24
- Dog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses 0.75 cup of pure semolina flour. They buy 4,100 cups of flour at $0.50 per cup. They use 3,587.5 cups of flour to make 4,800 biscuits. The standard cost per cup of flour is $0.48. A. What are the direct materials price variance, the direct materials quantity variances, and the total direct materials cost variance? Round your answers to two decimals. Enter all amounts as positive numbers. B. What is the standard cost per biscuit for the semolina flour? Round your answer to four decimals.Dog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses 0.70 cup of pure semolina flour. They buy 4,000 cups of flour at $0.55 per cup. They use 3,347.5 cups of flour to make 4,800 biscuits. The standard cost per cup of flour is $0.53. A. What are the direct materials price variance, the direct materials quantity variances, and the total direct materials cost variance? Round your answers to two decimals. Enter all amounts as positive numbers. Direct materials price variance $ fill in the blank 1 Direct materials quantity variance $ fill in the blank 3 Total direct materials cost variance $ fill in the blank 5 B. What is the standard cost per biscuit for the semolina flour? Round your answer to four decimals. $ fill in the blank 7Dog Bone Bakery, which bakes dog treats, makes a special biscuit for dogs. Each biscuit uses 0.75 cup of pure semolina flour. They buy 4,000 cups of flour at $0.55 per cup. They use 3,587.5 cups of flour to make 4,800 biscuits. The standard cost per cup of flour is $0.53. A. What are the direct materials price variance, the direct materials quantity variances, and the total direct materials cost variance? Round your answers to two decimals. Enter all amounts as positive numbers. Direct materials price variance $ fill in the blank 1 Unfavorable Direct materials quantity variance $ fill in the blank 3 Favorable Total direct materials cost variance $ fill in the blank 5 Unfavorable B. What is the standard cost per biscuit for the semolina flour? Round your answer to four decimals. $ fill in the blank 7
- 6. Cartman makes Supersized Cheezy-Poofs. Cartman determined the standards for each unit (bag) of Cheezy-Poof produced requires 1.5 gallons of ingredients (direct materials) and 0.75 direct labor hours. Cartman expects to pay $2 per gallon of ingredients and his employees a rate of S10 per hour. Based on the company's forecasts, Cartman is expecting to sell 15,000 units (bags) during the year. At the end of year, Cartman actually sold 16,000 units (bags), used 25,000 gallons of ingredients, and paid $1.9 per gallon. Further, Human resources informed Cartman that he incurred $144,000 in direct labor costs from 10,000 direct labor hours (assume no overtime is used). a. What is the material price variance? Indicate favorable / unfavorable variances for full credit b. What is the material quantity variance? Indicate favorable / unfavorable variances for full credit d. What is the labor rate variance? Indicate favorable / unfavorable variances for full credit d. What is the labor usage…Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietropredicts that 50,000 units will be produced, with the following totalcosts: Required:1. Calculate the prime cost per unit.2. Calculate the conversion cost per unit.3. Calculate the total variable cost per unit.4. Calculate the total product (manufacturing) cost per unit5. What if the number of units increased to 55,000 and all unitvariable costs stayed the same? Explain what the impact would beon the following costs: total direct materials, total direct labor,total variable overhead, total fixed overhead, unit prime cost, andunit conversion cost. What would the product cost per unit be inthis case?G1.
- Press Products manufactures t-shirts. It has the following costs when its production level is 80,000 units (t-shirts): (Click the icon to view the costs.) (Click the icon to view additional information.) What will happen to Press's operating income if it accepts this special order? Complete the following incremental analysis to determine the impact on Press's operating income if it accepts this special order. (Round all per unit amounts to the nearest cent, $X.XX, and all other amounts to the nearest whole dollar. Enter a "0" for any zero balances. Use parentheses or a minus sign to indicate a decrease in contribution margin and/or operating income from the special order.) Incremental Analysis of Special Sales Order Decision Revenue from special order Less variable expense associated with the order: Direct materials Direct labor Variable manufacturing overhead Contribution margin Less: Additional fixed expenses associated with the order Increase (decrease) in operating income from the…Zachary Fruit Drink Company planned to make 202,000 containers of apple juice. It expected to use two cups of frozen apple concentrate to make each container of juice, thus using 404,000 cups of frozen concentrate. The standard price of one cup of apple concentrate is $0.23. Zachary actually paid $115,385 to purchase 412,090 cups of concentrate, which was used to make 203,000 containers of apple juice. Required: b. Compute the actual price per cup of concentrate. (Round your answer to 2 decimal places.) c. Compute the standard quantity (number of cups of concentrate) required to produce the containers. d. Compute the materials price variance and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round "Price variance" to 2 decimal places.) e. Compute the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round "Usage variance"…Chloe's Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.65 for 2,500 and $0.60 for 5,000. Required: If the total cost function for croissants is linear, what will be the average cost to bake 4,200? (Do not round intermediate calculations. Round your final answer to 4 decimal places.) Average cost
