Case Study- royal biscuit problem 4

Case Study- royal biscuit problem 4 - production on per Kg...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Ans 4.     Royal Biscuits Inc. sells it Supreme crisps at $13,2/kg, its Tropical chocolates at  $14,8/Kg and its Sublime rolls at $11,5/kg. Given the actual sales volume, how will the  income statement look like using. a- Standard full costing at practical capacity ? b- Actual costing ? Table showing Standard Cost and Actual Cost depicting the profit of Royal Biscuits new 
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: production on per Kg basis Suprem e Crisps Tropical Chocolates Sublime Rolls Selling Price 13.2 / Kg 14.8 / Kg 11.5 / Kg Standard Cost 15 / Kg 17 / Kg 18 / Kg Actual Cost 10.54 / Kg 11.5 / Kg 9.9 / Kg Profit (Selling Price - Actual Cost) 2.66 / Kg 3.3 / Kg 1.6 / Kg...
View Full Document

This note was uploaded on 02/12/2012 for the course MBA 551 taught by Professor Smith during the Spring '11 term at Indiana Wesleyan.

Ask a homework question - tutors are online