This topic contains a solution. Click here to go to the answer

Author Question: Use the information below to answer the following questions:A pizza company produces frozen pizzas ... (Read 388 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
Use the information below to answer the following questions:

A pizza company produces frozen pizzas in three departments:  assembly, freezing and packaging.  In assembly, crust ingredients are added at the beginning of the process.  After the crust is made, the sauce, cheese, and toppings are added at the end of the process.  Conversion costs are added evenly. Data for the assembly department includes:

Beginning WIP inventory0 units
Units started22,000 units
Units completed/transferred to freezing19,800 units
Ending WIP (70% through assembly)2,200 units
Crust ingredients added $31,000
Cheese added $16,000
Sauce and toppings added $8,000
Direct labour $22,216
Manufacturing overhead $5,486


At the pizza company the cost per equivalent unit for conversion costs would be closest to
◦ $1.08.
◦ $1.04.
◦ $1.30.
◦ $1.41.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ssal

  • Hero Member
  • *****
  • Posts: 572
Use the information below to answer the following questions:

A pizza company produces frozen pizzas in three departments:  assembly, freezing and packaging.  In assembly, crust ingredients are added at the beginning of the process.  After the crust is made, the sauce, cheese, and toppings are added at the end of the process.  Conversion costs are added evenly. Data for the assembly department includes:

Beginning WIP inventory0 units
Units started22,000 units
Units completed/transferred to freezing19,800 units
Ending WIP (70% through assembly)2,200 units
Crust ingredients added $31,000
Cheese added $16,000
Sauce and toppings added $8,000
Direct labour $22,216
Manufacturing overhead $5,486


At the pizza company the total costs to account for is
◦ $82,702.
◦ $22,126.
◦ $55,000.
◦ $27,702.




DyllonKazuo

  • Hero Member
  • *****
  • Posts: 565
Use the information below to answer the following questions:

A pizza company produces frozen pizzas in three departments:  assembly, freezing and packaging.  In assembly, crust ingredients are added at the beginning of the process.  After the crust is made, the sauce, cheese, and toppings are added at the end of the process.  Conversion costs are added evenly. Data for the assembly department includes:

Beginning WIP inventory0 units
Units started22,000 units
Units completed/transferred to freezing19,800 units
Ending WIP (70% through assembly)2,200 units
Crust ingredients added $31,000
Cheese added $16,000
Sauce and toppings added $8,000
Direct labour $22,216
Manufacturing overhead $5,486


At the pizza company the total cost of ending WIP is
◦ $5,500.
◦ $7,702.
◦ $5,104.
◦ $5,600.




 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

For a complete list of videos, visit our video library