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Question 7 of 9 View Policies Current Attempt in Progress -/10 E Tang Company accumulates the following data concerning raw materials in making one
Question 7 of 9 View Policies Current Attempt in Progress -/10 E Tang Company accumulates the following data concerning raw materials in making one gallon of finished product. (1) Price-net purchase price $2.30, freight-in $0.20, and receiving and handling $0.10. (2) Quantity-required materials 3.60 pounds, allowance for waste and spoilage 0.40 pounds. Compute the following. (Round answers to 2 decimal places, e.g. 1.25.) (a) Standard direct materials price per gallon. $ (b) Standard direct materials quantity per gallon. pounds (c) Total standard materials cost per gallon. $ Save for Later Attempts: 0 of 1 used Submit Answer
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