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 391 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?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

For a complete list of videos, visit our video library