FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Count-R-Fitters has a DM unit standard of $12 per lb @ 2 lbs for each unit. During February Count-R-Fitters purchased 4,840 lbs of DM for

Count-R-Fitters has a DM unit standard of $12 per lb @ 2 lbs for each unit. During February Count-R-Fitters purchased 4,840 lbs of DM for $57,838. A total of 4, 656 lbs were used to produce 2,400 units. How much did Count-R-Fitters pay per lb for DM?

a.

$11.95
b.

$11.50
c.

23.18
d.

$12.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

What medications are primarily used to treat personality disorders?

Answered: 1 week ago

Question

★★★★★
For its most recent fiscal year, Carmichael Hobby Shop recorded EBITDA of $512,725.20, EBIT of $362,450.20, zero interest expense, and cash flow to investors from operating activity of $348,461.25....

Answered: 1 week ago

Question

★★★★★
The graph below shows the binned distribution of a running variable. Answer the questions below - Figure 2 0 . 1 5 : Distribution of the Binned Running Variable 5 . 1 The study for which this graph...

Answered: 1 week ago

Question

★★★★★
Lilah. Inc paid an expense of $ 40,000 of which only $25,000 was tax deductible. Lilah, Inc's marginal tax rate is 21%. What is the after tax cost of this expense? o o o o

Answered: 1 week ago

Question

★★★★★
Cybercriminals and ransomware attacks often target organizations with insecure systems. As a database designer, you need to understand the secure database design. Read the topic Resource "Security in...

Answered: 1 week ago

Question

★★★★★
I need help with writing part 2 I wanted to use the Maslows Hierarchy of needs for C. Module 03 Content This assessment will be a continuation of the survey design started in the discussion forum...

Answered: 1 week ago

Question

★★★★★
Air travel on Mountain Airlines for the past 18 weeks was: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 405 410 420 415 412 420 424 433 438 440 446 451 455 464 466 474 476 482 a. Explain why an...

Answered: 1 week ago

Question

★★★★★
Write your answers with the correct labels. Where calculations are required, clearly show how you arrived at your answer. Where explanation or discussion is required, support your answers with...

Answered: 1 week ago

Question

★★★★★
1. An orange juice producer has found that the fill weights (weight of product per container) of several of its orange juice products do not meet specifications. If the problem continues, unhappy...

Answered: 1 week ago

Previous Question Next Question