1. Swifty Industries purchases Solvate, a chemical compound used in several of its products, from ChemMaster. ChemMaster has just increased the list price of Solvate to $10.00 per gallon. However, because Swifty purchases a high volume of Solvate, ChemMaster grants the company a 13% discount off the list price. Charges for shipping Solvate from ChemMaster to Swifty's factory are $400 for a shipment of twenty-five 50-gallon drums. Special storage requirements cost $0.70 per gallon.

Calculate Swifty's standard price for a gallon of Solvate. (Round answer to 2 decimal places, e.g. 3.51.)

Standard price per gallon

$

2. Interpretive Dimensions provides sign language interpreters for major business conferences. Interpreters are paid an hourly rate of $100. Fringe benefits are estimated to be 20% of wages, and employment taxes amount to 15% of wages.

Calculate the standard hourly rate for an interpreter. (Round answer to 2 decimal places, e.g. 52.75./

Standard rate per hour

$

3. Waterway Music Stands manufactures decorative wooden music stands for discriminating musicians. Each completed music stand contains 3.40 board feet of American cherry wood. In the process of matching the wood grain and cutting decorative scrollwork, 1.25 board feet of wood are scrapped.

Calculate the standard quantity of American cherry in Waterway's music stand. (Round answer to 2 decimal places, e.g. 3.15.)

Standard quantity per stand board feet

4. Waterway Inc. manufactures personalized baby quilts. An experienced embroiderer can personalize 10 quilts per hour. Because the repetitive nature of the sewing can lead to carpal tunnel syndrome, workers take a 36-minute break after every 10 quilts. Before beginning each batch of 10 quilts, workers spend 6 minutes cleaning and setting up their sewing machines.

Calculate the standard quantity of direct labor for one quilt. (Round answer to 2 decimal place, e.g. 3.15.)

Standard quantity of direct labor per quilt minutes