eBook b. Assume that the preceding costs are the current best estimates of the costs at which required quantities of the raw material can be purchased. What other factors would you recommend to be considered in establishing the raw material cost standard for the new cleaner? Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Decrease in selling price. ? Possible cost increases during coming year. ?Spillage /spoilage / waste in the manufacturing process. ? Change in the labor cost.

b. Assume that the preceding costs are the current best estimates of the costs at which required quanticies of the raw material can be purchased. Whot other factors would you recommend to be considered in establishing the raw material cost standard for the new cleanen Note: You may select more than one answer, Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. a Decrest in selling price. 2 Passible cont howats during comino yee [? Change in the tabor cosit. Required information The following information applies to the questions displayed below] Lakeway Manufacturing Compary manufactures and selis household cleaning products. The company's research department has developed a new cleaner for which a standard cost must be determined. The new cleaner is made by mixing 15 quarts of triphate solution and skx pounds of sobase granules and boiling the mixture for several minutes. After the sotution has cooled, three ounces of methage are added. This "recipe" produces 12 quarts of the cleaner, Which is then pockaged in one-quart plastic dispenser bottles. Raw material costs are as follows: b. Assume that the preceding costs are the current best estimates of the costs at which required quantities of the raw material can be purchased, What other factors would you recommend to be considered in establishing the raw material cost standard for the new cleaner? Nete: You mny sefect more than one answer. Single cilich the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. 2 Decreate in seeting once. 0 possible coit incresses ourho compo year