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Question 20 making one gallon of finished product. (1) Price-net purchase price $2.70, freight-in $0.60, and receiving and handling $0.50. (2) Tang Company accumulates the
Question 20 making one gallon of finished product. (1) Price-net purchase price $2.70, freight-in $0.60, and receiving and handling $0.50. (2) Tang Company accumulates the following data concerning raw materials Quantity-required materials 3.50 pounds, allowance for waste and spoilage 0.90 pounds. Compute the following. (Round answers to 2 decimal places, e.g. 1.25.) Standard direct materials price per gallon. (a) Standard direct materials quantity per gallon. pounds (b' Total standard materials cost per qallon. (c click if you would like to Show wWork for this question: Open Show Work
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