Calculate the cost per portion for the scratch-made

Assignment Help Cost Accounting
Reference no: EM133272901

A chef locates a pre-made tuna salad that is nearly identical to the one she makes from scratch in her sandwich shop. To make it from scratch, an $8.25/hour employee needs 20 minutes to prepare the tuna salad. The ingredients cost $12.18 and yield 10 four-ounce servings. The chef can purchase the pre-made tuna salad at $26.99 for a 5# tub. Calculate the cost per portion for the scratch-made and the premade versions. If cost were the only factor, should the chef make or buy this product?

Reference no: EM133272901

Questions Cloud

Identify the exceptions in each market : Note that columns H and I identify the exceptions in each market, the observations with greater losses than VaR. Expected Shortfall Fiscalia
Estimated collectable valuable of account receivable : The following transactions relate to H&H Limited for 2021-2022. In particular, their financial year starts on the 1st day of July 2021 and ends on the 31st day
What is the contribution margin ratio : The Vice-President of sales, Redge Guerrero, estimates that the variable cost per product unit will increase from P80 to P95. The selling price is expected to r
Cash management to financial management : What is the essence of Cash Management to Financial Management? Is Cash Management related to the Cash Flow Statement?
Calculate the cost per portion for the scratch-made : Calculate the cost per portion for the scratch-made and the premade versions. If cost were the only factor, should the chef make or buy this product?
Describe the time period the work belongs to : Question Description - Can you help me understand this Cultural Studies question? Describe the time period the work belongs to
What is the variable cost per unit : Company produces electricity elements for appliances. Each item sells for $20, and the company sells approximately 2,000,000 each. Year.
What is the annual cash flow : Madrigal Corporation purchased a new machine for $138,000. The machine has an estimated useful life of 10-years with no salvage value and a return on investment
Discuss about the importance of accounting : Discuss about the importance of accounting in assisting and supporting management decision making using only the textbook.. The ans should be at least 2 page in

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd