Business, 30.11.2019 06:31 jljhenkel

Tang company accumulates the following data concerning raw materials in making its finished product: (1) price per pound of raw materials—net purchase price $3.04, freight-in $0.49, and receiving and handling $0.23. (2) quantity per gallon of finished product—required materials 3.50 pounds, allowance for waste and spoilage 0.80 pounds. compute the following. (round answers to 2 decimal places, e. g. 1.25.) (a) standard direct materials price per pound of raw materials. $ (b) standard direct materials quantity per gallon. pounds (c) total standard materials cost per gallon. $ click if you would like to show work for this question: open show work

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Tang company accumulates the following data concerning raw materials in making its finished product:...