Tang company accumulates the following data concerning raw materials in making its finished product: (1) price per pound of raw materials—net purchase price $2.50, freight-in $0.30, and receiving and handling $0.20. (2) quantity per gallon of finished product—required materials 3.60 pounds, allowance for waste and spoilage 0.90 pounds.

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.

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

What is the relationship between credit and debt?