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PURE Inc. produces flavored waters, sold in gallons. Recently the company adopted the following materials standard for one gallon of its raspberry flavored water: Direct
PURE Inc. produces flavored waters, sold in gallons. Recently the company adopted the following materials standard for one gallon of its raspberry flavored water:
Direct materials (90 oz. @ $0.08) | $ 7.20 |
During the first month of operations the company experienced the following results: | ||
A. Gallon units produced: 80,000 | ||
B. Ounces of materials purchased and used: 7,320,000 ounces at $0.07 | ||
C. No beginning or ending inventories of raw materials
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