Financial and Managerial Accounting: E17-9 Tom's Bakery makes a variety of cakes

Financial and Managerial Accounting
E17-9 Use of process costing information 
Tom's Bakery makes a variety of cakes, cookies and pies for distribution to five major chains of grocery stores in the quad city area. The company uses a standard manufacturing process for all items except special order cakes. It currently uses a process costing system. Tom, the owner of the company, has some urgent questions, which are listed below. 
Which of these questions can be answered using information from a process costing system? Which can be best answered using information from a job order costing system? Explain your answers
1. How much does it cost to make one chocolate cheese cake?
2. Did the cost of making special order cakes exceed the cost budgeted for this month?
3. What is the value of the pue inventory at the end of June?
4. What were the costs of the cookies sold during June?
5. At what price should Tom's bakery sell its famous brownies to the grocery store chains?
6. Were the planned production costs of $3,000 for making pies in June exceeded?
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