Rolling Hills Bistro Produces One of the Best Sausage Products

question 52

Essay

Rolling Hills Bistro produces one of the best sausage products in Tennessee. The company's controller compiled the following information by analyzing the accounting records:
1. Meat costs the company $3.25 per pound of sausage produced.
2. Compensation of production employees is $2.25 per pound of sausage produced.
3. Supervisory salaries total $23,000 per month.
4. The company incurs utility costs of $9,000 per month plus $0.35 per pound of sausage produced.
5. Insurance and property taxes average $6,400 per month.
Required:
A. Classify each cost as variable, fixed, or semivariable.
B. Write a formula to express the behavior of the firm's production costs. (Use the form Y = a + bX, where X denotes the quantity of sausage produced.)

---

Definitions:

Team Development

Team development refers to the process of improving collective performance by enhancing individual competencies, fostering unity, and resolving conflicts within a group.

Performing

The stage of group development where the team effectively works together to achieve its goals with optimized processes.

Norming

Norming is a stage in team development where members resolve differences, appreciate colleagues’ strengths, and develop a unified commitment towards the team’s goals.

Forming

The initial stage in group development, where team members first come together and start to understand their tasks and group structure.