Marigold Industries purchases Solvate, a chemical compound used in several of its products, from ChemMaster. ChemMaster has just increased the list price of Solvate to $ 6.00 per gallon. However, because Marigold purchases a high volume of Solvate, ChemMaster grants the company a 12% discount off the list price. Charges for shipping Solvate from ChemMaster to Marigold's factory are $ 500 for a shipment of twenty-five 50-gallon drums. Special storage requirements cost $ 0.75 per gallon. Calculate Marigold's standard price for a gallon of Solvate. (Round answer to 2 decimal places, eg. 3.51.) Standard price per gallon $ eTextbook and Media Save for Later Attempts: unlimited Submit Answer Bramble Inc. manufactures personalized baby quilts. An experienced embroiderer can personalize 10 quilts per hour. Because the repetitive nature of the sewing can lead to carpal tunnel syndrome, workers take a 40-minute break after every 10 quilts. Before beginning each batch of 10 quilts, workers spend 18 minutes cleaning and setting up their sewing machines. Calculate the standard quantity of direct labor for one quilt. (Round answer to 2 decimal place, eg.3.15.) Standard quantity of direct labor per quilt minutes e Textbook and Media Save for Later Attempts: unlimited Submit Answer Waterway manufactures competition stunt kites. In November, Daniel Jackson prepared the following production budget for the first quarter of the coming year. Desired ending inventory is based on the following month's budgeted sales. February March January 42,000 Quarter 109,000 Budgeted sales 32.000 35,000 6,400 7,000 2,400 2,400 48,400 39.000 37,400 111,400 Desired ending inventory Kites needed Less beginning inventory Budgeted production 8,400 6,400 7,000 8,400 103,000 40,000 32.600 30,400 Following lower-than-expected sales in December, Jerry conducted an inventory count on January 2 and discovered that the company had 5,000 completed kites on hand. He decided that given the slow sales in December, the company should decrease its desired ending inventory level from 20 to 10% of the next month's sales volume. (a) Prepare a new production budget for the first quarter. January February March Budgeted unit sales 42000 32000 35000 Budgeted ending inventory Total units required Beginning inventory V Budgeted production (a) Prepare a new production budget for the first quarter. January February March Quarter 42000 32000 35000 109000