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Hideo Company accumulates the following data concerning raw materials in making one unit of finished product: (1) Price-net purchase price $2.50, freight in $0.40, and
Hideo Company accumulates the following data concerning raw materials in making one unit of finished product: (1) Price-net purchase price $2.50, freight in $0.40, and receiving and handling $0.50. (2) Quantity-required materials 3.50 kg, allowance for waste and spoilage 0.50 kg. Calculate the following: Standard direct materials price per unit (Round answer to 2 decimal places, (a) eg. 15.25.) $ kilograms Standard direct materials quantity per unit (Round answer to 2 decimal (b) places, eg. 15.25.) Total standard materi cost per unit (Round answer to 3 decimal places, e.g. (c) 15.254.) $
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