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ID: 2554854 • Letter: E

Question

er c x . V 8 Healt. x E NannyTx , ? Samson x YourG x "M Recibe x e: Wilem?@cheggi × ? ? ? Secure https://edugen.wileyplus.com/edugen/lti/main.uni Davis Managerial Acceunting. 3e e Read, Study & Practice eTextbeek anment> Open Assignment GNMENT R Question 1 Danny's Delights is a wholesale bakery. Danny makes a 1 cup of peanut butter, 1 cup of sugar and 1 egg. Each recipe makes a variety of baked goods which he sells to restaurants and grooery stores. His best-selling item is a peanut butber cookie. The recipe cals for batch of one donen cookies. Danny's standard direct materials cost for batch of cookies is $0.90 for the doren in peanut butter requires 4 minutes preparation time, egg. In addition, the time, and 3 miutes of packaging time. The standard wage rate carcboard $9 per hour. Overhead appled at 40% of drect labor cost Calculate the standard cost for a batch (1 doren) of peanut butter cookies. Qvestion.5 Question. Standard cost for a doren view Scere Click if you would like to Show Work for this question: n Show Wrk ewResults by Study SAVE FOR LATER Question Attempts: 0 of 1 used 21

Explanation / Answer

Total minutes :4+8+3= 15 minutes

labor cost per batch : 15*9/60= 2.25

STANDARD COST Material cost .90+.16+.10= $1.16 labor cost 2.25 overhead [2.25*.40] .90 packaging cost .24 standard cost per dozen 4.55