Calculate the full absorption cost per chicken

Assignment Help Managerial Accounting
Reference no: EM132156559

REQUIRED:

1). Calculate the full absorption cost per chicken cordon bleu.

2). Calculate the full absorption cost of the soup.

3). Calculate the full absorption cost of the chicken cordon bleu prix fixe menu.

4). Calculate the total fixed costs for Jenny's.

5). Calculate the break-even in sales $ and units for chicken cordon bleu prix fixe.

6). Should Jenny's continue to offer chicken cordon bleu on the fixe prix menu? Why or why not? Explain.

7). Assume that an outside restaurant wants to purchase pre-made, uncooked chicken cordon bleus from Jenny. The order is only for the month of December and requires special packaging and handling costs that would total $5.00 per batch of 10. The outside restaurant would order in batches of 10. What price would you recommend that Jenny set for this order? Why?

8). Assume that the same restaurant wants to buy 3 gallons of French Onion soup per day from Jenny's. Packaging and handling costs are $5 per 1 gallon. The restaurant would buy in 3 gallon increments, but only during December. At what price should Jenny sell the soup?

9). Same facts as #7 above, but assume that Jenny can make 240 servings of soup per day. If demand for Jenny's soup (at her restaurant) is 120 servings per day, at what price should Jenny sell the soup to the outside restaurant?

You should show ALL calculations that support your answer. This should be done in Excel, with a hard copy attached to your write-up. THIS CASE, INCLUDING WRITE-UP (Word) and calculations (Excel)

Attachment:- Exam.rar

Verified Expert

This is an cost based assignment which deals with computing the questions in an elaborative manner by ensuring that the accounting perspective is also important or crucial for defining various terms and Costing princeple to derive the suitable answer for the assignment

Reference no: EM132156559

Questions Cloud

The process of performance management : There is a chain reaction when it comes to the process of performance management.
Is this an effective strategy : Is this an effective strategy? Ensure the successful implementation of the assisted living facility's strategic plan?
Implications of two track approach for scion marketing mix : Briefly describe the implications of a “two track approach” for the Scion marketing mix.
Categories of strategy formulation available : There are 5 categories of strategy formulation available to utilize: directional strategies, adaptive, market entry, competitive, and implementation strategies.
Calculate the full absorption cost per chicken : Calculate the full absorption cost per chicken cordon bleu - Calculate the full absorption cost of the chicken cordon bleu prix fixe menu
What is approximate annual inventory setup cost : What is approximate annual inventory setup cost (rounded to the nearest dollar)?
District court has power to decide contract dispute lawsuit : The citation of a case includes, A corporation likely has ethical duties to, A federal district court has the power to decide a contract dispute lawsuit if
How much would your stakeholders suffer if they lost you : The scenario discussed is that of the Ford Pinto, which involves a decision that teaches the hazards of considering only the instrumental value of a life.
Evaluation process for merger-acquisition activities : How important is technology blending in the evaluation process? What are the strengths and weaknesses of the process?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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