Details of this Paper

ACC 211 Comprehensive Problem 5: Perfect Pies (Excel File 100% Graded)




We Bake Perfect Pies Company makes fruit pies using a process cost system. The dough is made in the mixing department and then moves to the rolling department where crusts are rolled and placed into baking pans. The pans move into the filling department where fruit is placed into the crusts. The pies then move to the baking department. Once the pies have been baked, they move to packaging they are boxed and then sent to Finished Goods. During the month of October the company had sales of $83,000. Each pie sells for $10.;Using the following information, determine the Gross Profit for the Month of October.;Mixing Department: Beginning Balance 0;Ending inventory 1000 pies at 40% completion;DM used: $1000;DL used: $800;FOH allocated: $1200;Rolling Department: Beginning Balance 1600 pies that were 70% completed with costs of $600;Pies started: 9000;Pies transferred to Filling Department: 8100;Ending Inventory was 10% completed;DL used: $2338;FOH allocated: $2000;Filling Department: Beginning Balance 3000 pies that were 20% completed with costs of $7500;Ending inventory was 75% completed;DM used: $16200;DL used: $3800;FOH allocated: $1975;Baking Department: Beginning Balance 0;Pies Transferred into department 7600;FOH allocated: $14160;Ending inventory: 1300 pies that were 60% completed;Packaging Department: Beginning Balance: 2100 pies at 20% completion with costs of $12,600;Ending Inventory was 2000 pies at 90% completed;DM used: $7875;DL used: $1945;FOH allocated: $3890;Finished Goods Department: Beginning Balance: 2600 pies with costs of $15626


Paper#75547 | Written in 18-Jul-2015

Price : $22