Question

Return to Blackboard U U S Wavis, Managerial Accounting, 3e Help System Announcements PRINTER VERSION BACK NEXT Practice Exercise 02 (Part Level Submission) Puzzledigs manufactures custom Jgsaw puzzles by turning a customer's 12 x 15 photograph into a 310-plece puzzle. The following information has been provided by various units within the company. Each photograph is mounted onto a 17 x 21 piece of cardboard using 2 ounce of adhesive. The company buys the cardboard in bundles of 510 pieces for $140. Puzzleligs pays shipping costs of $16 per bundle on the cardboard. The mounting adhesive costs $0.26 per Ounce. Each finished puzzle is packaged in a box that costs Puzzle igs $0.76 to purchase. It takes 25 minutes for a worker to mount the picture, cut the puzzle, and pack it in a box. Workers are paid $6.60 per hour, fringe benefits amount to an additional 25 percent of wages. PuzzleJigs applies overhead at a rate of $12 per direct labor hour. (a) Calculate the standard price and quantity for each component of direct materials. (Round answers to 2 decimal places, e.g. 15.20.) Material Standard Quantity Standard Price 17x 21 cardboard sheet per sheet Mounting adhesive ounce per ounce Pacing box LINK TO TEXT Attempts: 0 of 4 used SAVE FOR LATER SUBMIT ANSWER (b) The parts of this question must be completed in order this part w beav e when you complete the part above

Answer 1

Material	Std Quantity		Std Price
17X21 (140+ $16/510)	1	sheet	140.031	Per sheet
Mounting Adhesive (310X2)	2	ounce	0.26	Per ounce
Packing Box	1	Box	0.76	Per Box