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Prepare the standard cost

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Prepare the standard cost

  • This topic has 1 reply, 2 voices, and was last updated 3 months ago by John Moffat.
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  • Author
    Posts
  • April 24, 2022 at 4:08 pm #654354
    yousisme
    • Topics: 1
    • Replies: 0
    • ☆

    Dear Sir/Madam,
    I am not able to solve this problem, please help!

    Lunches Ltd makes sandwiches for sale to office and over the counter. Content of their
    spicy meat special are as follows:
    2 slices of bread
    88 grams of spicy meat mix
    44 grams of grated cheese
    20 grams of pickle
    It is company policy to guarantee the cooked weight of meat mix to be a minimum of 88
    grams. There is a 20% loss of mix weight during cooking. Losses due to accidental damage,
    dropped sandwiches, etc. are estimated to be 5% of complete sandwiches.

    Anticipated prices of raw materials for the coming period are:
    Bread 54 p. per loaf of 18 usable slices.
    Spicy meat mix (uncooked) $3.20 per kg
    Cheese $3 per kg
    Pickle $1.60 per kg

    Required:
    Prepare the standard cost ingredients cost of one spicy meal special sandwich.

    April 24, 2022 at 6:57 pm #654371
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 49921
    • ☆☆☆☆☆

    Sorry, but we do not provide full answers to full questions – that is not the purpose of this forum. We answers questions arising from our free lectures or explain anything in answers from your revision kit that is not clear.

    You must obviously have an answer to this question in the same book in which you found it, so ask about whatever it is in the answer that you are not clear about and then I will explain.

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