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 542 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?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

For a complete list of videos, visit our video library