Danny's Delights is a wholesale bakery. Danny makes a variety of baked goods which he...
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Danny's Delights is a wholesale bakery. Danny makes a variety of baked goods which he sells to restaurants and grocery stores. His bestselling item is a peanut butter cookie. The recipe calls for cup of peanut butter, cup of sugar and egg. Each recipe makes a batch of one dozen cookies. Danny's standard direct materials cost for batch of cookies is $ for peanut butter, $ for sugar and $ for an egg. In addition, the cookies are packaged by the dozen in cardboard containers costing $ each. One batch of cookies requires minutes preparation time, minutes of cooking time, and minutes of packaging time. The standard wage rate is $ per hour. Overhead is applied at of direct labor cost.
Calculate the standard cost for a batch dozen of peanut butter cookies. Round answers to decimal places, eg
Standard cost for a dozen cookies $
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