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marishachu [46]
3 years ago
10

Healthy Start Bakery mass-produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The follo

wing ransactions occurred during AprilRequirements: 1. Post each of these transactions to the company's inventory T-accounts 2. Determine the balance at month-end in each of the inventory accounts. 3. Assume that 3,075,000 loaves of bread were completed and transferred out of the Packaging Department during the month. What was the cost per unit of making each loaf of bread (from start to finish)?Before posting the transactions to the company's T-accounts, begin by determining which accounts are affected by each transaction. The transactions may affect one or two accounts. (Abbreviation used: Dept. -Department. If a box is not used in the table leave the box empty, do not select a label.) 1. Direct materials used in the Packaging Department ................. $ 31,000 2. Costs assigned to units completed and transferred out of Mixing ....... $ 225,000 3. Direct labor incurred in the Mixing Department .................... $ 11,700 4. Beginning balance: Work in Process Inventory Baking..............$ 15,100 5. Manufacturing overhead allocated to the Baking Department. .........$ 77,000 6. Beginning balance: Finished Goods ... .........$ 4,500 7. Costs assigned to units completed and transferred out of Baking....... $ 307,000 8. Beginning balance: Work in Process Inventory Mixing ..............$ 12,600 9. Direct labor incurred in the Packaging Department. .................$ 8,900 10. Manufacturing overhead allocated to the Mixing Department.......... $ 68,000 11. Direct materials used in the Mixing Department ....................$ 153.000 12. Beginning balance: Raw Materials Inventory ......................$ 23,000 13. Costs assigned to units completed and transferred out of Packaging.... $ 386,000 14. Beginning balance: Work in Process InventoryPackaging...........$ 8,200 15. Purchases of Raw Materials ................. $ 170,000 16. Direct labor incurred in the Baking Department ....... .........$ 4,800 17. Manufacturing overhead allocated to the Packaging Department....... $ 49,000 18. Cost of goods sold ............$ 387,000

Business
1 answer:
notsponge [240]3 years ago
3 0

Complete question

The complete question is shown on the first, second, third uploaded image

Answer:

The solution for the first and second question is shown on the fourth and fifth uploaded image

3

 The Cost per unit of making each loaf of bread  =  $0.1239

Explanation:

Generally the

  Cost per unit of making each loaf of bread = \frac{ Total manufacturing costs }{Number of loaves}=

=>  Cost per unit of making each loaf of bread = \frac{\$381000}{\$3075,000}

=>    Cost per unit of making each loaf of bread = $0.1239

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Answer:

C $1,918

Explanation:

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Using this formula

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8 0
3 years ago
Which group did Frederick Winslow Taylor feel was best suited to understand and apply the results of a time study?
gizmo_the_mogwai [7]

Answer:

Workers

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How the workers performed when there is a repetitive work cycles for long or short duration or when variety of different kinds of work are done by the workers in a given time period.

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3 years ago
Although mcdonald's (opening case) is competing in an unattractive industry, it has improved its performance by focusing on prod
Finger [1]

The resource based model.

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4 0
3 years ago
You've heard about the Target security breach. It cost the company numerous customers and millions of dollars. Ideally these typ
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The correct answer is Detection and Response.

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4 years ago
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The equity investment ( sheridan )account on December 31, 2021 is $5,20,000

As per the fair value technique, equity Investments must be stated at the fair value of the funding at the date of reporting. In this situation there is no fair value, therefore fairness Investments ought to be mentioned at buy charge.

A fair fee is an anticipated charge at which an asset is offered or offered when both the client and seller freely agree on a fee. People and corporations may additionally compare modern-day marketplace value, growth ability, and replacement value to determine the fair price of an asset.

An equity investment is a cash that is invested in an organization by means of buying shares of that organization within the stock market. those shares are generally traded on a stock exchange.

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