Homework Answers
| Total Oven minutes available per month (60*690) | 41400 | ||||
| S.l No | Particulars | Birthday Cake | Wedding cake | Special Occasion cake | |
| a | Selling Price | 25 | 100 | 40 | |
| b | Varuiable cost (Direct material + Labour +Variable manufacturing cost + variable selling cost | 15 | 62 | 27 | |
| c | Contribution (a-b) | 10 | 38 | 13 | |
| d | Contribution margin per cake (c/a) | 40% | 38% | 33% | |
| e | Time taken for one cake in hours (minutes)/60 | 0.166666667 | 1.333333333 | 0.3 | |
| f | Contribution per hour | 60 | 28.5 | 43.33333333 | |
| g | Ranking | 1 | 3 | 2 | |
| h | No of units of demand | 2000 | ? | 720 | |
| I | No of hours required (h*e) | 333.3333333 | 216 | ||
| J | Remaining hours 690-333-216 | 140.6666667 | |||
| K | No of units of wedding cake will depend on no of hours left after producing other two cakes (J/e) | 105.5 | |||
| I | Profit | ||||
| Contribution (h*c) | 20000 | 4009 | 2808 | 26817 | |
| Fixed cost | 2000 | ||||
| Profit for one month | 24817 | ||||
| Profit for two months is multiplied by 2 | 49634 |
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managerial accounting
The Kankakee Bakery produces three types of cakes: birthday, wedding, and special occasion. The...
The Kankakee Bakery produces three types of cakes: birthday, wedding, and special occasion. The cakes are made fro...
The Kankakee Bakery produces three types of cakes: birthday, wedding, and special occasion. The cakes are made from scratch and baked in a special cake oven. During the holiday season, the two month period from November 1 through January 1, total demand for the cakes exceeds the capacity of the cake oven. The cake oven is available for baking 690 hours per month, but because of the size of the cakes, it can bake only one cake at a time....
Problem 2 (25 points). The Kankakee Bakery produces three types of cakes: birthday, wedding, and special...
Problem 2 (25 points). The Kankakee Bakery produces three types of cakes: birthday, wedding, and special occasion. The cakes are made from scratch and baked in a special cake oven. During the holiday season, the two month period from November through January 1, total demand for the cakes exceeds the capacity of the cake oven. The cake oven is available for baking 690 hours per month, but because of the size of the cakes, it can bake only one cake...
Managerial accounting, please show work for better understanding. Also having trouble with 3 and 4 The Kankakee Bak...
Managerial accounting, please show work for better
understanding. Also having trouble with 3 and 4
The Kankakee Bakery produces three types of cakes: birthday, wedding, and special occasion. The cakes are made from scratch and baked in a special cake oven. During the holiday season, the two month period from November 1 through January 1, total demand for the cakes exceeds the capacity of the cake oven. The cake oven is available for baking 690 hours per month, but because...
(Table: Cakes) Use Table: Cakes. Pat is opening a bakery to make and sell special birthday...
(Table: Cakes) Use Table: Cakes. Pat is opening a bakery to make and sell special birthday cakes. She is trying to decide how many mixers to purchase. Her estimated fixed and average variable costs if she purchases 1, 2, or 3 mixers are shown in the table. Assume that average variable costs do not vary with the quantity of output. If Pat purchases 1 mixer and bakes 100 cakes per day, what is her average total cost? Table: Cakes Number...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child’s first birthday. The cakes, which sell for $64 and feature an edible picture of the child, are shipped throughout the country. A typical month’s results are as follows: Please show work Sales revenue $954,240 Variable expenses 715,680 Contribution margin 238,560 Fixed expenses 143,840 Operating income $ 94,720 What is FirstCakes’ contribution margin per unit? Contribution margin per unit $Enter contribution margin in dollars per...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child's...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $64 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: Sales revenue Variable expenses $784,000 588,000 196,000 124,640 Contribution margin Fixed expenses Operating income $ 71,360 What is FirstCakes' contribution margin per unit? Contribution margin per unit $ per cake LINK TO TEXT LINK TO VIDEO...
Cove's Cakes is a local bakery. Price and cost information follows: $ 17.00 points Price per...
Cove's Cakes is a local bakery. Price and cost information follows: $ 17.00 points Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month Skipped 2.50 1.40 0.20 $3,850.00 Print Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $1.00 per cake. b. Fixed costs increase by $500 per month. c. Variable costs decrease by $0.35 per cake. d. Sales price decreases by...
Cove's Cakes is a local bakery. Price and cost information follows: $ 13.81 Price per cake...
Cove's Cakes is a local bakery. Price and cost information follows: $ 13.81 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.31 1.02 0.20 $4,112.00 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $1.30 per cake. b. Fixed costs increase by $530 per month. c. Variable costs decrease by $0.31 per cake. d. Sales price decreases by $0.80 per cake....
Cove's Cakes is a local bakery. Price and cost information follows: Price per cake Variable cost...
Cove's Cakes is a local bakery. Price and cost information follows: Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month $2,970.00 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios a. Sales price increases by $1.60 per cake, b. Foxed costs increase by $490 per month c. Variable costs decrease by $0.30 per cake. d. Sales price decreases by $0.80 per cake. 2. Assume that Cove sold...
9 Cove's Cakes is a local bakery. Price and cost information follows: $ 15.01 1.36 points...
9 Cove's Cakes is a local bakery. Price and cost information follows: $ 15.01 1.36 points Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.30 1.es 9.17 $5,655.60 eBook Print Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $1.40 per cake. b. Fixed costs increase by $475 per month. c. Variable costs decrease by $0.28 per cake. d. Sales price...
The Kankakee Bakery produces three types of cakes: birthday, wedding, and special occasion. The cakes are made from scratch and baked in a special cake oven. During the holiday season, the two month period from November 1 through January 1, total demand for the cakes exceeds the capacity of the cake oven. The cake oven is available for baking 690 hours per month, but because of the size of the cakes, it can bake only one cake at a time....
Problem 2 (25 points). The Kankakee Bakery produces three types of cakes: birthday, wedding, and special occasion. The cakes are made from scratch and baked in a special cake oven. During the holiday season, the two month period from November through January 1, total demand for the cakes exceeds the capacity of the cake oven. The cake oven is available for baking 690 hours per month, but because of the size of the cakes, it can bake only one cake...
Managerial accounting, please show work for better
understanding. Also having trouble with 3 and 4
The Kankakee Bakery produces three types of cakes: birthday, wedding, and special occasion. The cakes are made from scratch and baked in a special cake oven. During the holiday season, the two month period from November 1 through January 1, total demand for the cakes exceeds the capacity of the cake oven. The cake oven is available for baking 690 hours per month, but because...
(Table: Cakes) Use Table: Cakes. Pat is opening a bakery to make and sell special birthday cakes. She is trying to decide how many mixers to purchase. Her estimated fixed and average variable costs if she purchases 1, 2, or 3 mixers are shown in the table. Assume that average variable costs do not vary with the quantity of output. If Pat purchases 1 mixer and bakes 100 cakes per day, what is her average total cost? Table: Cakes Number...
Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $64 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: Sales revenue Variable expenses $784,000 588,000 196,000 124,640 Contribution margin Fixed expenses Operating income $ 71,360 What is FirstCakes' contribution margin per unit? Contribution margin per unit $ per cake LINK TO TEXT LINK TO VIDEO...
Cove's Cakes is a local bakery. Price and cost information follows: $ 17.00 points Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month Skipped 2.50 1.40 0.20 $3,850.00 Print Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $1.00 per cake. b. Fixed costs increase by $500 per month. c. Variable costs decrease by $0.35 per cake. d. Sales price decreases by...
Cove's Cakes is a local bakery. Price and cost information follows: $ 13.81 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.31 1.02 0.20 $4,112.00 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $1.30 per cake. b. Fixed costs increase by $530 per month. c. Variable costs decrease by $0.31 per cake. d. Sales price decreases by $0.80 per cake....
Cove's Cakes is a local bakery. Price and cost information follows: Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month $2,970.00 Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios a. Sales price increases by $1.60 per cake, b. Foxed costs increase by $490 per month c. Variable costs decrease by $0.30 per cake. d. Sales price decreases by $0.80 per cake. 2. Assume that Cove sold...
9 Cove's Cakes is a local bakery. Price and cost information follows: $ 15.01 1.36 points Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.30 1.es 9.17 $5,655.60 eBook Print Required: 1. Calculate Cove's new break-even point under each of the following independent scenarios: a. Sales price increases by $1.40 per cake. b. Fixed costs increase by $475 per month. c. Variable costs decrease by $0.28 per cake. d. Sales price...
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