subject
Business, 05.07.2020 14:01 gg68814

Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (2,300 pounds) has the following standards: Standard Quantity Standard Price Whole tomatoes 3,800 lbs. $0.46 per lb. Vinegar 210 gal. 2.80 per gal. Corn syrup 18 gal. 10.20 per gal. Salt 84 lbs. 2.60 per lb. The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quantities of materials for batch 08-99 were as follows: 4,000 lbs. of tomatoes 202 gal. of vinegar 19 gal. of corn syrup 83 lbs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.

ansver
Answers: 1

Another question on Business

question
Business, 23.06.2019 02:30
Arguments made against free trade include all of the following exceptdumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against.national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not.free trade is inflationary and should be restricted in the domestic interest. if foreign governments subsidize their exports, foreign firms that export are given an unfair advantage that domestic producers should be protected against.infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older, more established foreign industries.
Answers: 3
question
Business, 23.06.2019 20:00
The secret to effective sales is to have a unique selling proposition. good personality.
Answers: 1
question
Business, 23.06.2019 23:30
Whereas management must deal with the ongoing, day-to-day complexities of organizations, true leadership includes effectively orchestrating change?
Answers: 2
question
Business, 24.06.2019 00:00
Use the following selected information from wheeler, llc to determine the 2017 and 2016 trend percentages for cost of goods sold using 2016 as the base. 2017 2016 net sales $ 277,700 $ 231,700 cost of goods sold 151,600 129,890 operating expenses 54,940 52,940 net earnings 28,320 20,120
Answers: 3
You know the right answer?
Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its ma...
Questions
question
Mathematics, 21.01.2021 19:50
question
Mathematics, 21.01.2021 19:50
question
Mathematics, 21.01.2021 19:50
question
Mathematics, 21.01.2021 19:50
question
Mathematics, 21.01.2021 19:50
question
Mathematics, 21.01.2021 19:50
Questions on the website: 13722367