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Business, 03.07.2019 02:20 jasjoh39p0rp6i

Tang company accumulates the following data concerning raw materials in making one gallon of finished product: (1) price—net purchase price $3.09 per pound, freight-in $0.77 per pound, and receiving and handling $0.35 per pound. (2) quantity—required materials 3.29 pounds, allowance for waste and spoilage 0.67 pounds. required: compute the following. (round answers to 2 decimal places)a) standard direct materials price per gallon. b) standard direct materials quantity per gallon. c) total standard materials cost per gallon.

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Tang company accumulates the following data concerning raw materials in making one gallon of finishe...
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