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CREX8 0 Saved Specialty Chemicals Limited makes a special powder coating for metal surfaces sold in envelopestyle pouches. The main ingredient of this powder coating is a chemical known as X43. Information concerning the purchase and use of X43 follows: Purchase ofx43: The raw material X43 is purchased in 50kilogram containers at a cost of $125 per kilogram. A discount of 2% is offered by the supplier for payment within 10 days, and Specialty Chemicals takes all discounts. Shipping costs, which Specialty 10 Chemicals must pay, amount to $250 for an average shipment often 50kilogram containers. Use ofx43: The bill of materials calls for 800 grams of X43 per pouch of powder coating. About 5% of all X43 purchased is rejected as unsuitable and is not used to make the powder coating. Thus, on average the 480 grams of suitable X43 required for El each pouch of powder coating represents 96% ofthe amount that initially goes into production. eBook Required: 1. Compute the standard purchase price for one gram of X43. (Round your answer to 3 decimal places.) '"FI Refe rences 2. Compute the standard quantity of X43 (in grams) per container that passes final inspection. 3. Using the data from (1) and (2) above, prepare a standard cost card showing the standard cost of X43 per pouch of powder coating. (Do not round intermediate calculations. Round "Standard Price per Kilogram" answer to 3 decimal places and "Standard Cost per pouch" answer to 2 decimal places.) _-m__