Griel Lxercise 23 2 Tang Com an accumulates tha lo in data e

Griel Lxercise 23 2 Tang Com an accumulates tha lo in data e nternina ra matenal\" in makin its tinished pr dun: 1 p matarñals 2.70 ponds, allnnan ar aste and salage n5 pounds. per pound at a materials nat purchas te s2.3 tra ght-in * 30 and sce inq and h d? q sO.2 2 uantity per qallon nt fin shad product ra ured Campute te folowing- (Round answers to 2 decinol plices, e.. 1.25) a)Standard direct materials price per pound of aw mateias bStandard direct materials quantity per galon c Total standand materiasot par qallan.

Solution

working:

a.standard direct materials price per pound:

b.direct materials quantity per gallon.

required materials + allowance for waste and spoilage

=>2.70 pounds + 0.50 pounds.

=>3.20 pounds.

c.standard materials cost per gallon

=>standard direct materials price * standard direct materials quantity

=>$2.80*3.20 pounds

=>$8.96.

a.standard direct materials price per pound	$2.80
b.standard direct materials quantity per gallon	3.20 pounds
c.Total standard materials cost per gallon	$8.96