Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangia developed the following standard mix for spreading on premade pizza shells to produce 16 giant-size sausage pizzas. Direct Material Mix Mix Proportion SP Standard Cost Tomato sauce 13 lbs 0.325 $1.40 $18.20 Cheese 15 0.375 2.80 42.00 Sausage 12 0.300 2.10 25.20 Total 40 lbs
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Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangia developed the following standard mix for spreading on premade pizza shells to produce 16 giant-size sausage pizzas.
Direct Material | Mix | Mix Proportion | SP | |
Tomato sauce | 13 lbs | 0.325 | $1.40 | $18.20 |
Cheese | 15 | 0.375 | 2.80 | 42.00 |
Sausage | 12 | 0.300 | 2.10 | 25.20 |
Total | 40 lbs | $85.40 |
Mangia put a batch of 2,000 pounds of direct materials (enough for 800 frozen sausage pizzas) into process. Of the total, 700 pounds were tomato sauce, 840 pounds were cheese, and the remaining 460 pounds were sausage. The actual yield was 780 pizzas.
Calculate the mix variance. (favorable/not-favorable)
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- Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangia developed the following standard mix for spreading on premade pizza shells to produce 19 giant-size sausage pizzas. Direct Material Mix Mix Proportion SP Standard Cost Tomato sauce 10 lbs. 0.320 $1.50 $15.00 Cheese 11 0.365 2.80 30.80 Sausage 9 0.315 2.10 18.90 Total 30 lbs. $64.70 Mangia put a batch of 2,000 pounds of direct materials (enough for 1,267 frozen sausage pizzas) into process. Of the total, 660 pounds were tomato sauce, 860 pounds were cheese, and the remaining 480 pounds were sausage. The actual yield was 770 pizzas. Required: 1. Calculate the yield ratio based on the standard amounts given. If required, round your answer to two decimal places. 2. Calculate the standard cost per pound of the yield. If required, round your answer to the nearest cent. 3. Calculate the standard yield for actual input of 2,000 pounds…Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangia developed the following standard mix for spreading on premade pizza shells to produce 16 giant-size sausage pizzas. Direct Material Mix Mix Proportion SP Standard Cost Tomato sauce 13 lbs 0.325 $1.40 $18.20 Cheese 15 0.375 2.80 42.00 Sausage 12 0.300 2.10 25.20 Total 40 lbs $85.40 Mangia put a batch of 2,000 pounds of direct materials (enough for 800 frozen sausage pizzas) into process. Of the total, 700 pounds were tomato sauce, 840 pounds were cheese, and the remaining 460 pounds were sausage. The actual yield was 780 pizzas. Calculate the actual proportion used of tomato sauce, cheese, and sausage. Actual mix proportion Tomato sauce Cheese Sausage Using the results, would the direction of the mix variance be favorable or unfavorable?Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangia developed the following standard mix for spreading on premade pizza shells to produce 16 giant-size sausage pizzas. Direct Material Mix Mix Proportion SP Standard Cost Tomato sauce 13 lbs 0.325 $1.40 $18.20 Cheese 15 0.375 2.80 42.00 Sausage 12 0.300 2.10 25.20 Total 40 lbs $85.40 Mangia put a batch of 2,000 pounds of direct materials (enough for 800 frozen sausage pizzas) into process. Of the total, 700 pounds were tomato sauce, 840 pounds were cheese, and the remaining 460 pounds were sausage. The actual yield was 780 pizzas. What if of the total 2,000 pounds of ingredients put into process, 700 pounds were tomato sauce, 700 pounds were cheese, and 600 pounds were sausage? How would that affect the mix variance?The mix variance will be
- Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangia uses two types of direct labor: machine operators and packers. Mangia developed the following standard mix for spreading on premade pizza shells to produce 16 giant-size sausage pizzas. Mangias recent batch (designed to produce 400 pizzas) used 400 direct labor hours. Of the total, 160 were for machine operators, and the remaining 240 hours were for packers. The actual yield was 780 pizzas. Required: 1. Calculate the standard mix (SM) in hours for machine operators and for packers. 2. Calculate the mix variance. 3. Calculate the actual proportion of hours worked by machine operators and by packers. Use these results to explain the direction (favorable or unfavorable) of the mix variance. 4. What if of the total 400 direct labor hours worked, 200 were worked by each type of direct labor? How would that affect the mix variance?Mission foods produces two flavors of tacos-chicken and fish- with the following characteristics. a) $1,070,500 B) need helpPeter’s Grocery is an Italian market that sells imported meats and cheeses. The company is thinking of using a portion of their store space to sell ready-made sandwiches with ingredients from the store. The main components of the sandwiches are 100 grams of salami (meat), 1 slice of provolone (cheese) and one bun. The salami sells for $2 per 100 grams and costs the company $0.75 per 100 grams. Provolone sells for $0.50 per slice and costs the store $0.35 per slice. The buns cost the company $2.40 per dozen to make, and sell for $4.80 per dozen. The company expects it can sell the sandwiches for $4 each. The labour costs associated with making a sandwich are $0.25 and the variable overhead is expected to cost $0.75 per sandwich. Required: Should the company introduce the new sandwich item? Determine the net dollar advantage or disadvantage of selling the sandwich as compared to selling the meat, cheese and bun separately.
- Coronado's Bakery makes a variety of home-style cookies for upscale restaurants in the Atlanta metropolitan area. The company's best-selling cookie is the double chocolate almond supreme. Coronado's recipe requires 10 ounces of a commercial cookie mix, 5 ounces of milk chocolate, and 1 ounce of almonds per pound of cookies. The standard direct materials costs are $0.80 per pound of cookie mix, $4 per pound of milk chocolate, and $12 per pound of almonds. Each pound of cookies requires 1 minute of direct labor in the mixing department and 2 minutes of direct labor in the baking department. The standard labor rates in those departments are $17.60 per direct labor hour (DLH) and $28 per DLH, respectively. Variable overhead is applied at a rate of $34.20 per DLH; fixed overhead is applied at a rate of $60 per DLH.Calculate the standard cost for a pound of Coronado's double chocolate almond supreme cookies. (Round answer to 2 decimal places, e.g. 3.51.) Standard cost per pound $H. Banks Company would like to design, produce, and sell versatile toasters for the home kitchen market. The toaster will have four slots that adjust in thickness to accommodate both slim slices of bread and oversized bagels. The target price is $65. Banks requires that new products be priced such that 24% of the price is profit. Required: If required, round your answers to two decimal places. 1. Calculate the amount of desired profit per unit of the new toaster.$fill in the blank 1 2. Calculate the target cost per unit of the new toaster.$fill in the blank 2Petfoods makes dog food using a blend of three ingredients: K9, K8 and K1. The company has a regular blend, an extra blend and a puppy delite. The regular blend consists of one third of each ingredient; the extra blend is 50% K9 and 25% each of K8 and K1. The puppy delite is 10% K8 and the rest K1. The dog food is produced in 1-pound cans. There are 1500 pounds of K9, and 1000 pounds of each of the other ingredients available. The regular blend yields a profit of $0.20 per can, the extra blend a profit of $0.18 a can and the puppy delite a profit of $0.25 per can. Formulate an LP that can be used to maximize profit. Can you show this in excel step by step
- Calculate the sales mix of pizzas if 800 pizzas are sold while 200 subs are sold.Select one:a. 80%b. 60%C 40%d.20%Big Al’s pizza will use 10 production lines with five workers on each line. Each worker will be responsible for one of the five stages of production: dough, sauce, cheese, toppings and packaging. Each of the production lines can produce 20 meat pizzas per hour. Big Al’s purchases all fresh ingredients. The projected materials costs are as follows: Materials cost (per pizza) • Complete dough shells $.12• Complete sauce packages $.20• Complete cheese shells $.08• Complete meat packages $.30• Complete assembly package $.04 A. Calculate the Direct materials cost per meat pizzaAnnie’s cafe makes sandwiches for sale. Contents of their cheese and pickle sandwich are as follows: 2 slices of bread 50 grams of cheese 25 grams of pickle 5 grams of butter Losses due to accidental damage are estimated to be 5% of the materials input. Materials can be bought from the cash and carry at the following prices: Bread 50p per loaf of 20 slices Cheese £3 per kg Pickle £2 per kg Butter £1.50 per kg Prepare the standard cost of one cheese and pickle sandwich.