What cost per pizza would Piazza Pizza report for the month

Assignment Help Managerial Accounting
Reference no: EM132842892

Question - Straw Inc. owns a restaurant, Piazza Pizza, selling exclusively pizzas. Each month, the financial controller tallies the restaurant's fixed and variable costs to better understand the cost to make each pizza. For the previous month, the controller computed a total of $16,822 in fixed operating costs. Management also reports that service staff worked 1,428 hours at an average rate of $15.70/hour and total purchases for food ingredients was $7,558. If the restaurant sold 7,200 pizzas, what cost per pizza would Piazza Pizza report for the month?

Reference no: EM132842892

Questions Cloud

Provide the necessary journal entries for fiscal : In fiscal 2019, the store made sales of $1 million and awarded 60,000 points that have a fair value of $60,000. Provide the necessary journal entries for fiscal
How did the federal government role change : How much people's lives were changed by the expansion of federal responsibility during the 1930s. How did the federal government's role change in the 1930s?
Compute its return on assets : Speedy has net income of $55,000, and assets at the beginning of the year of $210,000. Assets at the end of year total $260,000. Compute its return on assets
How the given course is connected to the learning : Give thought to your how this course is connected to the learning in the previous course you completed in this program, ESE601 (exceptionalities in special).
What cost per pizza would Piazza Pizza report for the month : Straw Inc. owns a restaurant, Piazza Pizza, selling exclusively pizzas. If the restaurant sold 7,200 pizzas, what cost per pizza would Piazza Pizza report
What is the total value of position : You own three September futures contracts on silver. What is the total value of your position as of the end of this day's trading?
Explain the procedures for dispute resolution processes : Similar to a Parent's Bill of Rights, the Procedural Safeguards are designed to protect the rights of parents and their children with disabilities.
Describe the nullification crisis or the bank war : Describe the Nullification Crisis OR the Bank War. How was it resolved and how did it change the office of the presidency? What was Manifest Destiny?
What is the size of the annual investments : Tony's son, Mark will start college in 10 years. Tuition costs $26,000 today, increasing at an annual rate of 4.3%. Tony wants to earn 11.3%

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