Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Blackwell Manufacturing, which produces flip-flops, is developing direct material standards. Blackwell purchases the special foam it uses from a supplier overseas Blackwell buys foam in
Blackwell Manufacturing, which produces flip-flops, is developing direct material standards. Blackwell purchases the special foam it uses from a supplier overseas Blackwell buys foam in 20,000 kilogram shipments at a cost of $10,000. Freight in costs $500 per shipment. What is the price standard for foam? OA. $0.525/kilogram B. $10,000/kilogram OC. $10,500/kilogram OD. $0.500/kilogram
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started