Adamia Bakery Pty Ltd sells multi-flavours of cupcakes to customers. The business has recently become...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Adamia Bakery Pty Ltd sells multi-flavours of cupcakes to customers. The business has recently become concerned about its ability to plan and control the cost. Adam and Damia, the companys founders believe that they can use the cost equation functions (Y = a + bX) to summarise the companys monthly cost. These are the cost incurred in the business:
Monthly rental of the premise = $15,000 per month
Maintenance of the ovens = $2,500 per month
Salary of the production bakers = $28 per labour hour
Raw material cost to produce a cupcake = $5.50 per cupcake
REQUIRED:
Using the cost equation functions, calculate an estimate of the companys total costs if Adamia Bakery Pty Ltd production bakers work 430 hours in a single month of July 2020.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.