Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello, I only need help with the one I keep getting wrong with the red X Thank you Whole tomatoes 4,000 lbs Vinegar gal. 220

Hello, I only need help with the one I keep getting wrong with the red X

Thank you

image text in transcribed

Whole tomatoes 4,000 lbs Vinegar gal. 220 gal. Corn syrup Salt 88 lbs $0 $2 $8 $2 .37 .30 .20 .10 per lb. per gal. per gal. per lb. The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quantities of materials for batch K-111 were as follows: 4,200 lbs. of tomatoes 211 gal. of vinegar 20 pal. of corn syrup 87 lbs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. Ingredient Whole tomatoes Vinegar Corn syrup Standard Cost per Batch Salt Total Standard unit materials cost per pound 1,480 506 155.80 184.80 2,326.60 12.97 x

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

College Accounting Chapters 1-13

Authors: John Price, M David Haddock, Michael Farina

13th Edition

007743062X, 9780077430627

More Books

Students also viewed these Accounting questions

Question

Values: What is important to me?

Answered: 1 week ago