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please andwer part B It was the end of the third quarter for Sunland Industries. There had been some discussion in prior quarters about best

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It was the end of the third quarter for Sunland Industries. There had been some discussion in prior quarters about best practices retated to carrying ending inventory of its key DM, acetic acid, for making vinegar. Per established standards, B ounces of acetic acid at a budgeted price of $0.30 per ounce were needed for each gallon of vinegar (128 ounces). The new production manager wants to follow lean practices and buy only what is needed for production, while the former production manager preferred tis heep some inventory on hand for energencies. For the third quarter. 259,000 ounces of acetic acid were purchased on sccount ind used to phabe $7.000 gallons of vinegar. The purchase price was $72,520. We al debit entrivi bedore ondt entries.] Contirsine with the detaiss in part (a), assume thece was a rero balance in the DM Irwentory account to start the thinf quarter. What wada the DM inveritory balance be at the end of tixe quarter? Haw much did Sunland industries pay pef ourice for the DM invertery bilance funiand industespar per ounce eToxtbook and Media List of Accounts Attempts: 0 of 3 used (c1) The parts of this questan mant ber completed in order, This part will be available when you complete the part above

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