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ck to watch the Tell Me More Learning Objective ADM video and then answer the questions below. Rambo-Conduit Corporation manufactures plastic conduit that is used
ck to watch the Tell Me More Learning Objective ADM video and then answer the questions below. Rambo-Conduit Corporation manufactures plastic conduit that is used in the cable industry. A conduit is a tube that encircles and protects underground cable. In the process of making the plastic conduit, called extrusion, the melted plastic (resin) is pressed through a die to form a produced in this process. Information from the cost of production reports for three months is as follows, assuming that inventory remains cons May June July Resin pounds input into the process 470,000 700,000 650,000 * $1.50 $1.50 Price per pound Plastic material costs Conversion costs Conduit output from the process (feet) $493,000 $80,000 800,000 $1.50 $640,000 $120,000 1,200,000 $677,000 $115,000 1,130,000 Assuming that there is one-half pound of resin per foot of the finished product, determine the resin materials cost per foot of finished product for Jun a. 0.53 b. 0.60 c. 0.54 d. None of these choices are correct. 2. Rambo-Conduit Corporation manufactures plastic conduit that is used in the cable industry. A conduit is a tube that encircles and protects the underground cable. In the process of making the plastic conduit, called extrusion the melted plastic (resin) is pressed through a dle to form a tube. Son produced in this process. Information from the cost of production reports for three months is as follows, assuming that inventory remains constant
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