Standard Costing(With Solutions pls)

2. Standard materials price. standard quantity. Batangas Blades Corporation uses material \"Eh-Eh" to produce its product \"Ala-eh". The material is purchased in a two-ton container at a cost of P50. 000 per ton. The supplier offered a discount term of 5/10. nf30 and the company normally takes all the discount. Shipping costs amounting to P10. 000 is to be paid by Batangas Blades Corporation for an average shipment of ten 2-ton containers. Nineteen grams of materials \"Eh-Eh" are needed to produce product \"Ala-eh". About 6.25% of all materials purchased is rejected as unsuitable before being used. In addition. about 1 out of 20 "Ala-eh" is rejected at final inspection. due to defect of one sort or another. Required: 1. Compute the standard purchase price for one gram of"Eh-Eh". 2. Compute the standard quantity of \"Eh-Eh" per unit of \"Ala-eh" that passes final inspection. 3. Prepare a standard material cost sheet per unit of \"Ala-eh"