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Hello can you please help me with these questions. I would love to see the problems worked out. That would be super helpful so I

Hello can you please help me with these questions. I would love to see the problems worked out. That would be super helpful so I can learn the steps to working out future problems myself.image text in transcribed

Danson Company is a chemical manufacturer that supplies various products to industrial users. The company plans to introduce a new chemical solution, called Nysap, for which it needs to develop a standard product cost. The following information is availabl e on the production of Nysap: a.Nysap is made by combining a chemical compound (nyclyn) and a solution (salex), and boiling the mixture. A 20% loss in volume occurs for both the salex and the nyclyn during boiling. After boiling, the mixture consists of 13.6 liters of salex and 13 kilograms of nyclyn per 14-liter batch of Nysap. b.After the boiling process is complete, the solution is cooled slightly before 6 kilograms of protet are added per 14-liter batch of Nysap. The addition of the protet does not affect the total liquid volume. The resulting solution is then bottled in 14-liter containers. c. The finished product is highly unstable, and one 14-liter batch out of 5 is rejected at final inspection. Rejected batches have no commercial value and are thrown out. d.It takes a worker 20 minutes to process one 14-liter batch of Nysap. Employees work an 8-hour day, including 1 hour per day for rest breaks, and cleanup. rev: 02 Requirement 1: Determine the standard quantity for each of the raw materials needed to produce an acceptable 14-liter batch of Nysap. (Round the interim calculation to 2 decimal places and final answers rounded to 1 decimal place.) Standard quantity Salex liters Nyclyn Protet kilograms 7.2 kilograms rev: 02-10-2 Requirement 2: Determine the standard labor time allowed to produce an acceptable 14-liter batch of Nysap. (Round your answer to 2 decimal places.) Standard labor time minutes Requirement 3: Assuming the following costs, prepare a standard cost card for direct materials and direct labor for one acceptable 14-liter batch of Nysap: Salex Nyclyn Protet Direct labor cost $5 per liter $4 per kilogram $2 per kilogram $14 per hour Prepare a standard cost card for direct materials and direct labor for one acceptable 14-liter batch of Nysap.(Round your answers to 2 decimal places. Omit the "$" sign in your response.) Standard Quantity or Time Standard Price or Rate Salex liters $ per liter Nyclyn kilograms $ per kilogram kilograms $ per kilogram minutes $ Standard Cost per hour Protet 7.2 Labor time Total standard cost per acceptable batch rev: 02-10-2011 $ $

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