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Sweet Acacia Company accumulates the following data concerning raw materials Sweet Acacia Company accumulates the following data concerning raw materials in making one unit of
Sweet Acacia Company accumulates the following data concerning raw materials
Sweet Acacia Company accumulates the following data concerning raw materials in making one unit of finished product: (1) Price-net purchase price $2.70, freight in $0.35, and receiving and handling $0.15. (2) Quantity-required materials 2.10kg, allowance for waste and spoilage 0.70kg. Calculate the following: a. decimal places, e.g. 15.25.) b. Standard direct materials quantity per unit (Round answer to 2 kilograms decimal places, e.g. 15.25.) c. places, e.g. 15.254.)Step by Step Solution
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