Homework Answers
Add Answer to:
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients....
A chemical company produces a special industrial chemical that is a blend of three chemical ingre...
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost per pound, the ending-year cost per pound, and the blend proportions follow. (Round your answers to the nearest integer.) Cost per Pound (S) Quantity (pounds) per 100 Pounds of Product Ingredient Beginning Ending 2.50 3.45 25 9.90 8.75 0.99 0.95 70 (a) Compute the price relatives for the three ingredients. Item Price Relative (b) Compute a weighted average of the price...
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients....
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost per pound, the ending-year cost per pound, and the blend proportions follow. (Round your answers to the nearest integer.) Cost per Pound ($) Ingredient Beginning Ending Quantity (pounds) per 100 Pounds of Product A 2.50 3.95 25 B 8.75 9.90 10 C 0.99 0.90 50 (a) Compute the price relatives for the three ingredients. Item Price Relative A B C (b)...
A chemical company produces a special industrial chemical that is a blend of three chemical ingre...
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost per pound, the ending-year cost per pound and the blend proportions follow. (Round your answers to the nearest integer.) Cost per Pound ($) Quantity (pounds) Ingredient Beginning Ending per 100 Pounds of Product 25 15 50 1.50 8.75 9.90 0.99 0.95 (a) Compute the price relatives for the three ingredients. Item Price Relative (b) Compute a weighted average of the price...
The Mitchell Chemical Company produces a special industrial chemical that is a blend of three chemical...
The Mitchell Chemical Company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost per pound, the ending-year cost per pound, and the blend proportions follow. Cost per Pound ($) Ingredient Beginning Ending Quality (pounds) per 100 Pounds of product A 2.50 3.95 25 B 8.75 9.90 15 C .99 .95 60 A. Compute the price relatives for the three ingredients. B. Compute a weighted average of the price relatives to develop a one...
1. The Whitewave dairy company produces three cheese spreads- Regular, Zesty and Superior. The cheese spreads...
1. The Whitewave dairy company produces three cheese spreads- Regular, Zesty and Superior. The cheese spreads are packaged in 4 pound containers, which are then sold to distributors throughout the Northeast. The Regular blend must have at least 5% extra sharp cheddar, the Zesty blend must contain at least 24% extra sharp cheddar and the Superior blend must contain at least 30% extra sharp cheddar. The company has orders for 3500 containers of Regular, 4500 containers of Zesty and 1000...
Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution...
Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Product AB $270 $360 Selling price $340 Variable expenses: Direct materials Other variable expenses - 36 126 72 108 42 179 Total variable expenses Contribution margin 162 $108 180 $ 180 221 $ 119 Contribution margin ratio 40% 50% 35% The same raw material is used in all three products. Barlow Company has only 4,200 pounds...
Brief Exercise 23-2 Tang Company accumulates the following data concerning raw materials in making its finished...
Brief Exercise 23-2
Tang Company accumulates the following data concerning raw
materials in making its finished product: (1) Price per pound of
raw materials—net purchase price $2.92, freight-in $0.38, and
receiving and handling $0.24. (2) Quantity per gallon of finished
product—required materials 3.21 pounds, allowance for waste and
spoilage 0.90 pounds.
Compute the following. (Round answers to 2 decimal
places, e.g. 1.25.)
(a)
Standard direct materials price per pound of raw
materials.
$
(b)
Standard direct materials quantity per gallon....
Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for...
Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Product $280 $400 $360 Selling price Variable expenses: Direct materials Other variable expenses Total variable expenses Contribution margin 14 56 21 154 144 213 168200234 $ 112 S20D $126 40% 50% 35% Contribution margin ratio The same raw material is used in all three products. Barlow Company has only 4,300 pounds of raw material on hand...
Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per...
Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit): А. $ 105 Product B S 85 с 95 $ Selling price Variable expenses Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio 31.50 31.50 63.00 $42.00 40% 25.50 38.25 63.75 S21.25 6.65 59.85 66.50 $28.50 $ 30% 25% Demand for the company's products is very strong, with far more orders each month than the company can produce with...
6. 1.0points Agnew Chemical Company makes three products, B7, K6, and x9, which are joint products...
6. 1.0points Agnew Chemical Company makes three products, B7, K6, and x9, which are joint products from the same materials. In a standard batch of 150,000 pounds of raw materials, the company generates 35,000 pounds of B7, 75,000 pounds of K6, and 40,000 pounds of X9. A standard batch costs $600,000 to produce. The sales prices per pound are $6, $10, and $16 for B7, K6, and X9, respectively Required: Allocate the joint product cost among the three final products...
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost per pound, the ending-year cost per pound, and the blend proportions follow. (Round your answers to the nearest integer.) Cost per Pound (S) Quantity (pounds) per 100 Pounds of Product Ingredient Beginning Ending 2.50 3.45 25 9.90 8.75 0.99 0.95 70 (a) Compute the price relatives for the three ingredients. Item Price Relative (b) Compute a weighted average of the price...
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost per pound, the ending-year cost per pound and the blend proportions follow. (Round your answers to the nearest integer.) Cost per Pound ($) Quantity (pounds) Ingredient Beginning Ending per 100 Pounds of Product 25 15 50 1.50 8.75 9.90 0.99 0.95 (a) Compute the price relatives for the three ingredients. Item Price Relative (b) Compute a weighted average of the price...
Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Product AB $270 $360 Selling price $340 Variable expenses: Direct materials Other variable expenses - 36 126 72 108 42 179 Total variable expenses Contribution margin 162 $108 180 $ 180 221 $ 119 Contribution margin ratio 40% 50% 35% The same raw material is used in all three products. Barlow Company has only 4,200 pounds...
Brief Exercise 23-2
Tang Company accumulates the following data concerning raw
materials in making its finished product: (1) Price per pound of
raw materials—net purchase price $2.92, freight-in $0.38, and
receiving and handling $0.24. (2) Quantity per gallon of finished
product—required materials 3.21 pounds, allowance for waste and
spoilage 0.90 pounds.
Compute the following. (Round answers to 2 decimal
places, e.g. 1.25.)
(a)
Standard direct materials price per pound of raw
materials.
$
(b)
Standard direct materials quantity per gallon....
Barlow Company manufactures three products: A, B, and C. The selling price, variable costs, and contribution margin for one unit of each product follow: Product $280 $400 $360 Selling price Variable expenses: Direct materials Other variable expenses Total variable expenses Contribution margin 14 56 21 154 144 213 168200234 $ 112 S20D $126 40% 50% 35% Contribution margin ratio The same raw material is used in all three products. Barlow Company has only 4,300 pounds of raw material on hand...
Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit): А. $ 105 Product B S 85 с 95 $ Selling price Variable expenses Direct materials Other variable expenses Total variable expenses Contribution margin Contribution margin ratio 31.50 31.50 63.00 $42.00 40% 25.50 38.25 63.75 S21.25 6.65 59.85 66.50 $28.50 $ 30% 25% Demand for the company's products is very strong, with far more orders each month than the company can produce with...
6. 1.0points Agnew Chemical Company makes three products, B7, K6, and x9, which are joint products from the same materials. In a standard batch of 150,000 pounds of raw materials, the company generates 35,000 pounds of B7, 75,000 pounds of K6, and 40,000 pounds of X9. A standard batch costs $600,000 to produce. The sales prices per pound are $6, $10, and $16 for B7, K6, and X9, respectively Required: Allocate the joint product cost among the three final products...
Most questions answered within 3 hours.
-
A car starts from rest on a curve with a radius of 150 m and
tangential...
asked 2 hours ago -
In Star Wars both the Storm Troopers and Droid Army are
notoriously bad shots. In order...
asked 5 hours ago -
when buffers react with h+ or oh-, do the ratio of conjugate
base to acid and...
asked 5 hours ago -
A population of values has a normal distribution with μ=207.3
and σ=35.8. A random sample of...
asked 5 hours ago -
An unknown solution was treated with H2SO4 and refluxed for 2
hours. The mixture was then...
asked 5 hours ago -
Let x be the age of a licensed driver in years. Let
y be the percentage...
asked 6 hours ago -
System.out.print( "Barrel\t"+"of"+"Laughs" );
asked 6 hours ago -
Need a 1,000 word self explanatory essay on how
characteristics of the functional, matrix & bureaucracy...
asked 6 hours ago -
(Could you explain how I can answer the question and what the
equation I will use)....
asked 6 hours ago -
The ΔGf0 values for HCO3- (aq),
CO32-(aq), and H+(aq) are -587.06,
-528.10 and 0 kJ mol-1,...
asked 7 hours ago -
Southeast Soda Pop, Inc., has a new
fruit drink for which it has high hopes. John...
asked 7 hours ago -
Time (s)
Position (m)
0
0
1
3
2
8
3
15
An object travels along...
asked 7 hours ago