Bugaboo co manufactures three types of cookies fluffs

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Reference no: EM13592875

Bugaboo Co. manufactures three types of cookies: Fluffs, Crinkles, and Snaps. The production process is relatively simple, and factory overhead costs are allocated to products using a single plant-wide factory rate based on direct labor hours. Information for the month of May 2000, Bugaboo's first month of operations, follows:

Budgeted
Unit Volume Direct Labor
Hours per unit
Fluffs 80,000 boxes 0.10
Crinkles 60,000 boxes 0.20
Snaps 20,000 boxes 1.00

Bugaboo has budgeted direct labor costs for May at $4.50 per hour. Budgeted direct materials costs for May are: Fluffs, $0.85/unit; Crinkles $0.40/unit; and Snaps $0.30/unit.

Bugaboo's budgeted overhead costs for May are:

Indirect labor $280,000
Utilities 65,000
Supplies 45,000
Depreciation 30,000
Total $420,000

Assume that Bugaboo sells all the boxes it produces in May.

(a) Compute Bugaboo's plant-wide factory overhead rate for May.

(b) Compute May's product cost for each type of cookie.

Reference no: EM13592875

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