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The standard cost sheet calls for 80 pounds ofzincper batch of 70faucets.Zinchas a standard price of $5.10 per pound. One thousand pounds ofzincare purchased for

The standard cost sheet calls for 80 pounds ofzincper batch of 70faucets.Zinchas a standard price of $5.10 per pound. One thousand pounds ofzincare purchased for $5,530. Ten batches of thefaucetsare produced, and 840 pounds ofzincare used. There was no beginningzincinventory. All variances are calculated as soon as possible.

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Prepare a table that decomposes the total purchase price of thezinc($5,530) into its various components as calculated by the standard cost system.

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