Prepare job order cost sheet by researching and identifying

Assignment Help Accounting Basics

Reference no: EM132777514

Develop costing and sales information for 1,000 cookies.

Question 1: Estimate and explain the cost per cookie based on job order costing (manufacturing overhead is 30% of direct labor costs). Prepare a job order cost sheet by researching and identifying the top five ingredients and their estimated costs as your direct materials. Research and identify the cost of wages for your two employees as your direct labor. It typically takes two days to make 1,000 cookies.
Estimate and explain the cost per cookie based on process costing with 40% conversion costs. Identify the top three processes you feel are needed to make the cookies and prepare a production cost sheet for one of those processes.

Question 2: Estimate and explain the sales price you plan to set per cookie based on the cost data.

Reference no: EM132777514

Questions Cloud

Determine the success of the intervention : As a participant in organizational development, it is important to understand the methods for developing a successful change intervention.

Performing financial statement analysis : Performing financial statement analysis to a public listed company in the US or Canada. Base on the company's most recent annual report

What will happen to revenue if the number of the cookies : Compare and contrast the costing methods used in this project, including which you believe provides the most useful information as a manager.

Operation anaconda done differently to improve estimates : What could the intelligence staff working up Operation Anaconda done differently to improve the estimates?

Prepare job order cost sheet by researching and identifying : Prepare a job order cost sheet by researching and identifying the top five ingredients and their estimated costs as your direct materials.

Create a name and establish a location for the business : Create a name and establish a location for the business. Construct a mission statement for the business. Decide on the type of cookie you want to make and sell.

Prepare a cost of production report for Sifting Department : Cost of production report: weighted average method - Prepare a cost of production report for the Sifting Department for May, using the average cost method

Discuss challenges in homeland security : Discuss the challenges in Homeland Security and beyond listed in the National Security Strategy (2017).

The expansion of large military installations : The expansion of large military installations, these cities, large and small, were faced with the need to expand infrastructure, services,

User Account

All Pages