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Elenna [48]
3 years ago
7

Tang Company accumulates the following data concerning raw materials in making its finished product: (1) Price per pound of raw

materials—net purchase price $3.00, freight-in $0.50, and receiving and handling $0.20. (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. $enter a dollar amount rounded to 2 decimal places (b) Standard direct materials quantity per gallon. enter an amount of pounds rounded to 2 decimal places pounds (c) Total standard materials cost per gallon. $enter a dollar amount rounded to 2 decimal places
Business
1 answer:
Nataly_w [17]3 years ago
6 0

Answer and Explanation:

The computation is shown below:

(a) Standard direct materials price per pound of raw materials is

= Purchase price + freight in + receiving and handling

= $3 + $0.50 + $0.20

= $3.70

(b) Standard direct materials quantity per gallon is

= Required material + allowance for waste and spoilage

= 3.50 pounds + 0.80 pounds

= 4.30 pounds

(c) Total Standard direct materials cost per gallon is

= Standard direct materials price per pound of raw materials × Standard direct materials quantity per gallon

= $3.70 × 4.30 pounds

= $15.91

We simply applied the above formulas

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Transfer Pricing
dusya [7]

Answer:

Pembroke= $105,000

Multinomah= $120,000

Explanation:

Giving the following information:

The materials used by the Multinomah Division of Isbister Company are currently purchased from outside suppliers at $90 per unit. These same materials are produced by the Pembroke Division.

The Pembroke Division can produce the materials needed by the Multinomah Division at a variable cost of $75 per unit. The division is currently producing 120,000 units and has capacity of 150,000 units. The two divisions have recently negotiated a transfer price of $82 per unit for 15,000 units.

Pembroke= 15,000*(82 - 75)= $105,000

Multinomah= 15,000*(90 - 82)= $120,000

3 0
2 years ago
When meeting a CEO whom he hoped to win over as a new client, James, dressed in an Armani suit, introduced himself from across h
Alexxandr [17]

Answer: Wearing high status clothing

   

Explanation: In simple words, Non verbal communication refers to the act of making any remark or statement without using language. It could be done by using body posture, dressing sense or eye contact etc.

In the given case, James tried to persuade his clients by showing that he belongs to the high class of the society and maintains a high status. He did so by wearing the expensive clothes. Such persuation will result in perception that James is hardworking and trusted.

Hence from the above we can conclude that the correct option is B.

5 0
3 years ago
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How does demand-pull inflation differ from cost-push inflation?
kicyunya [14]
<span>Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and unemployment falls, as the economy moves along the Phillips curve. This is commonly described as "too much money chasing too few goods".</span>
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2 years ago
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Craigmont uses the allowance method to account for uncollectible accounts. its year-end unadjusted trial balance shows accounts
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3 years ago
Typically, the franchisee determines the territory to be served by the franchise. Group of answer choices True False
borishaifa [10]

The False statement about  Franchisee is " Franchisee is a method of distributing products or services involving a franchisor "

To find the False statement , we need to know more about Franchisee .

<h3>What is Franchisee?</h3>

A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.

Franchisee in Territorial Rights:

Whether or not the franchisee is granted a form of territorial protection wherein, for example, the franchisor will not grant competing franchises. Typically franchisees will be granted an operating territory within which they are required and restricted to conduct the operations of their franchise business.

The franchise agreement will define where the franchisee may operate the franchised business, who the franchisee may or may not sell products or service to and any protection that may be afforded to franchisee regarding his or her territory.

Thus, we can conclude that the above statement is Typically, the franchisee determines the territory to be served by the franchise is False.

Learn more about Franchisee on:

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