... List This paper is an answer to five problem questions based on four case studies about Tastee Fruit Company, Atlantico Inc, Old Alfred Road Minicase and River Beverages. The answers touch aspects of budget development, costing systems and other related calculations.
Keywords: product, price, sales
Problem 1: Tastee Fruit Company
1. Standard cost of direct materials, direct labor, and packaging for a ten gallon raspberry sherbet.
Direct labor = $18.00, direct materials = $1.845, Packaging cost = $2.40 (calculations are in tables 1 – 3 in the appendix).
2. Company training document page
Variances in most instances arise when the manufacturing costs of goods differs from the standard, exp...