Roja Winery has the standard cost data for the production of each bottle of red wine below. Input Direct Materials Standard Quantity of Input Standard Input Price Per per Bottle (SQ) Unit of Input (SP) Grapes (Red or Black) .42 kg $6 per kg Distilled Water .21 liters $40 per liter Sugar .21 kg $.44 per kg Baker's Yeast .04 of packet $2 per packet Glass Bottle 25 per bottle Corks 1 .05 per bottle Direct Labor .25 hours $9 per hour Variable MOH .25 hours $4 per hour Fixed MOH .25 hours $3 per hour What is the standard cost per unit for one bottle of red wind for Roja Winery?
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- James Johnson manufactures and sells homemade wine, and he wants to develop a standard cost per litre. The following are required for production of a 150-litre batch: 72.00 litres of grape concentrate at $1.20 per litre 20.25 kg of granulated sugar at $0.60 per kilogram 42.00 lemons at $0.60 each 34.50 yeast tablets at $0.25 each 33.75 nutrient tablets at $0.20 each 52.50 litres of water at $0.10 per litre James estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 20% of the lemons cannot be used. Calculate the standard cost of the ingredients for one litre of wine. (Round intermediate calculations and final answer to 3 decimal places, e.g. 1.251.) Standard cost of the ingredients for one litre of wine $Kenneth Garcia manufactures and sells homemade wine, and he wants to develop a standard cost per litre. The following are required for production of a 350-litre batch: 168.00 litres of grape concentrate at $1.35 per litre 47.25 kg of granulated sugar at $0.60 per kilogram 101.50 lemons at $0.60 each 87.50 yeast tablets at $0.25 each 87.50 nutrient tablets at $0.20 each 133.00 litres of water at $0.10 per litre Kenneth estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 200% of the lemons cannot be used Calculate the standard cost of the ingredients for one itre of wine. (Round intermediate calculations and final answer to 3 decis es 1.251) Standard cost of the ingredients for one litre of wineThe controller for Canandaigua Vineyards, Inc. has predicted the following costs at various levels of wine output. (2-57 a) The company’s marketing manager has predicted the following prices for the firm’s fine wines at various levels of sales. (2-57 b) 2. Output of 20,000 bottles, profit: $26,000 Required:1. Calculate the unit costs of wine production and sales at each level of output. At what level of output is the unit cost minimized?2. Calculate the company’s profit at each level of production. Assume the company will sell all of its output. At what production level is profit maximized?3. Which of the three output levels is best for the company?4. Why does the unit cost of wine decrease as the output level increases? Why might the sales price per bottle decline as sales volume increases?
- Steven Garcia manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 57-gallon batch. 3,420 ounces of grape concentrate at $0.06 per ounce 60 pounds of granulated sugar at $0.30 per pound 65 lemons at $0.60 each 57 yeast tablets at $0.25 each 57 nutrient tablets at $0.20 each 2,930 ounces of water at $0.005 per ounce Steven estimates that 5% of the grape concentrate is wasted, 12% of the sugar is lost, and 26% of the lemons cannot be used. Compute the standard cost of the ingredients for one gallon of wine. (Round intermediate calculations and final answer to 2 decimal places, e.g. 1.25.) Standard Cost Per GallonMarigold Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 50-gallon batch. 2,350 ounces of grape concentrate at $0.07 per ounce 54 pounds of granulated sugar at $0.50 per pound 60 lemons at $0.65 each 100 yeast tablets at $0.20 each 150 nutrient tablets at $0.10 each 2.400 ounces of water at $0.005 per ounce Marigold estimates that 6% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used. Compute the standard cost of the ingredients for one gallon of wine. (Round Intermediate calculations and final answer to 2 decimal places, eg. 1.25.) Standard Cost Per Gallon SCoronado Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 50-gallon batch. 2,375 ounces of grape concentrate at $0.04 per ounce 54 pounds of granulated sugar at $0.55 per pound 60 lemons at $0.65 each 150 yeast tablets at $0.29 each 200 nutrient tablets at $0.14 each 2,800 ounces of water at $0.005 per ounce Coronado estimates that 5% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used. Compute the standard cost of the ingredients for one gallon of wine. (Round intermediate calculations and final answer to 2 decimal places, eg. 1.25.) Standard Cost Per Gallon $ s
- Coronado Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 50-gallon batch. 3,360 ounces of grape concentrate at $0.02 per ounce 54 pounds of granulated sugar at $0.55 per pound 60 lemons at $0.90 each 150 yeast tablets at $0.26 each 250 nutrient tablets at $0.14 each 2.400 ounces of water at $0.005 per ounce Coronado estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used. Compute the standard cost of the ingredients for one gallon of wine. (Round intermediate calculations and final answer to 2 decimal places, eg. 1.25) O Show Transcribed Text Coronado estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used. Compute the standard cost of the ingredients for one gallon of wine. (Round intermediate calculations and final answer to 2 decimal places, eg. 1.25.) Standard Cost Per…Hank Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 50-gallon batch. 3,800 ounces of grape concentrate at $0.07 per ounce 54 pounds of granulated sugar at $0.45 per pound 60 lemons at $0.70 each 150 yeast tablets at $0.28 each 200 nutrient tablets at $0.17 each 1,900 ounces of water at $0.005 per ounce Hank estimates that 5% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used.Compute the standard cost of the ingredients for one gallon of wine. Standard Cost Per Gallon $Michael Brown manufactures and sells homemade wine, and he wants to develop a standard cost per litre. The following are required for production of a 300-litre batch: 90.00 litres of grape concentrate at $1.40 per litre 40.50 kg of granulated sugar at $0.60 per kilogram 87.00 lemons at $0.60 each 72.00 yeast tablets at $0.25 each 69.00 nutrient tablets at $0.20 each 112.50 litres of water at $0.10 per litre Michael estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 20% of the lemons cannot be used. Calculate the standard cost of the ingredients for one litre of wine. (Round intermediate calculations and final answer to 3 decimal places, e.g. 1.251.) Standard cost of the ingredients for one litre of wine $
- Standard Direct Materials Cost per Unit Billingsly Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (7,100 bars) are as follows: Ingredient Quantity Price Cocoa 600 Ibs. $1.25 per Ib. Sugar 120 Ibs. $0.50 per Ib. Milk 180 gal. $2.60 per gal. Determine the standard direct materials cost per bar of chocolate. Round to two decimal places. $ per barStandard Direct Materials Cost per Unit Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (3,350 bars) are as follows: Ingredient Quantity Price Cocoa 480 Ibs. $0.30 per Ib. Sugar 150 Ibs. $0.60 per Ib. Milk 120 gal. $1.40 per gal. Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. per barUtopia produces only two products: cheese and wine. The production levels are shown in the table below. % inputs 0 20 40 60 Cheese 80 100 output 0 80 133 173 200 213 Possibility Cheese Wine A a. From this data, complete Utopia's production possibilities table below. 0 % inputs 0 20 40 60 80 100 B Wine C output 0 106 185 251 277 290 D E b. Utopia (Click to select) c. If Utopia is at D, the total cost of 27 more cheese is d. If Utopia is at D, the total cost of 66 more wine is produce 173 cheese and 251 wine. wine. cheese. Prev L. VITU TV puu pays. O Search F 0 1 of 14 www Next > 9 D