FInish as fast you as you can eould be very grateful. Gradebook ORION Downloadab
ID: 2598758 • Letter: F
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FInish as fast you as you can eould be very grateful.
Gradebook ORION Downloadable eTextbook ent MESSAGE HY INSTRUCTOR FULL SCREEN PRINTER VERSO" ACK Question 1 Tang Company accumulates the following data concerming raw materials in making one gallon of finished product: (3) Price-net purch handing $0.45. (2) Quantity-required materials 2.98 pounds, allowance for waste and spoilage 0.50 pounds. price $2.52, freight-in $0.36, and receiving and Compute the following. (Round answers to 2 decimal places, e.g. 1.25.) (a) Standard direct materials price per gallon. (b) Standard direct materials quantity per gallon.[ (c) Total standard materials cost per gallon. pounds d By ccessing this Question Assistance, you will learn while you earn points based on the Point Potential Pliey set by your instrctor Question Attempts: 0 of 1 used SAVE FOR LATER SUBET ANSWER Earn Maximum Points available only if you answer this question correctly in your first attempt. s 4.2433 all RightsExplanation / Answer
a) Standard direct material price per gallon = (2.52+.36+.45) = $3.33
b) Standard dirrect material quantity per gallon = (2.98+.50) = 3.48 pounds
c) Total standard material cost per gallon = (3.33*3.48) = $11.59
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