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  • Budgeting Quiz 2 Point Extra Credit Problem

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    Mindy Martland
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    Standard cost of 1 McDonald's Big Mac Category Cost (USD); Direct Material: 100% Beef Patty (2) 0. / big mac Direct Labor: 6 employees at 8. / hour per day 1058. Total cost of direct labor / month 31752.

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    Standard cost of 1 McDonald's Big Mac Category Cost (USD); Direct Material: 100% Beef Patty (2) 0. / big mac Direct Labor: 6 employees at 8. / hour per day 1058. Total cost of direct labor / month 31752.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
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    11 views3 pages

    Budgeting Quiz 2 Point Extra Credit Problem

    Uploaded by

    Mindy Martland
    Standard cost of 1 McDonald's Big Mac Category Cost (USD); Direct Material: 100% Beef Patty (2) 0. / big mac Direct Labor: 6 employees at 8. / hour per day 1058. Total cost of direct labor / month 31752.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Standard Cost of 1 McDonald's Big Mac Category Cost (USD); Direct Material: 100% Beef Patty (2) 0.

    15 Cheese 0.03 Lettuce 0.02 Onions 0.03 Pickles 0.02 Special Sauce 0.01 Sesame Seed Bun 0.04 Total Direct Material: 0.3/big mac Direct Labor: 6 employees at 8.40/hour per day 1058.4 total cost of direct labor/month 31752 Direct labor costs to make 1 big mac 0.28/big mac Manufacturing Overhead: Rent Utilities Supervisor Salary Depreciation on equipment Insurance Service costs (on equipment) Total Manufacturing Overhead cost per month Manufacturing Overhead Rate per Direct Labor Hour Manufacturing Overhead Cost per production of 1 big mac=

    3000 4000 2500 2500 1000 500 13500 0.425170068 0.014172336

    g Mac

    Actual Price: 4.2

    Actual Cost: 0.594172336

    Profit in USD: Profit Margin 3.605827664 0.858530396

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