This workbook contains four sheets, each on a separate tab at the bottom of the window .
Make sure that you work all problems on each sheet.
Slow Shop, a small convenience store, has food and beverage sales, and also sales of books and newspapers.
Assignment 3 - This workbook consist of THREE tabs. There is a problem on each tab. Make sure that you work all THREE problems
Harold Company manufactures two models of bookcases - a standard model and a deluxe model. Estimated
manufacturing overhead for
Standard Price (SP)
$7 per lb
Standard Quantity (SQ)
2 lbs per unit
Total Standard Quantity (TSQ)
2 lbs x 2,000 lbs=6,000 lbs
Total Standard Cost
6,000 lbs x $7 per lb=$42,000
Actual Price (AP)
+ Ending Inventory Fin Goods
+ 50,000 units
-Beginning Inventory Fin Goods
1. ($24,000-$22,1000)/(41,000-21,000)=$0.10 Variable utility cost per pints of applesauce
$0.10*41,000=$4,100 Variable Costs
$24,100-$4,100= $20,000 Fixed Cost
3. After graphing the data points, the esti