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eBook Show Me How Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup

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eBook Show Me How Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (2,000 pour Standard Quantity Standard Price $0.45 per lb. $ 2.70 per gal 10.00 per gal. s 2.50 per lb. Whole tomatoes Vinegar Corn syrup Salt The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the a 3,400 lbs. of tomatoes 182 gal. of vinegar 17 gal. of corn syrup 75 lbs. of salt 3,300 lbs. 190 gal. 16 gal. 76 lbs. dhrd hatch. It required, round amounts t

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