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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 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 ($) Ingredient Beginning Ending Quantity (pounds) per 100 Pounds of Product A 2.50 3.95 25 B 8.75 9.90 10 C 0.99 0.90 50 (a) Compute the price relatives for the three ingredients. Item Price Relative A B C (b)...
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients....
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost per pound, the ending-year cost per pound, and the blend proportions follow. (Round your answers to the nearest integer.) Cost per Pound ($) Ingredient Beginning Ending Quantity (pounds) per 100 Pounds of Product A 2.50 3.45 25 B 8.75 9.90 15 с 0.99 0.90 50 (a) Compute the price relatives for the three ingredients. Item Price Relative B с (b) Compute...
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...
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...
need answer for this question Ferrier Chemical Company makes three products, B7, K6, and X9, which...
need answer for this question Ferrier 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...
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 B Seing price $200 $300 $280 Variable expenses Direct materials Other variable expenses 28 70 35 112110175 Total variable expenses 140 $ 60 180 $120 210 $ 70 Contribution margin Contribution margin ratio 30% 40% 25% The same raw materials used in all three products. Barlow Company has only 5.600 pounds of raw material on...
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...
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 $126 40% 50% 35% Contribution margin ratio The same raw material is used in all three products. Barlow Company has only 4,300 pounds of raw material on hand...
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost per pound, the ending-year cost per pound, and the blend proportions follow. (Round your answers to the nearest integer.) Cost per Pound (S) Quantity (pounds) per 100 Pounds of Product Ingredient Beginning Ending 2.50 3.45 25 9.90 8.75 0.99 0.95 70 (a) Compute the price relatives for the three ingredients. Item Price Relative (b) Compute a weighted average of the price...
A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost per pound, the ending-year cost per pound, and the blend proportions follow. (Round your answers to the nearest integer.) Cost per Pound ($) Ingredient Beginning Ending Quantity (pounds) per 100 Pounds of Product A 2.50 3.45 25 B 8.75 9.90 15 с 0.99 0.90 50 (a) Compute the price relatives for the three ingredients. Item Price Relative B с (b) Compute...
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...
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 B Seing price $200 $300 $280 Variable expenses Direct materials Other variable expenses 28 70 35 112110175 Total variable expenses 140 $ 60 180 $120 210 $ 70 Contribution margin Contribution margin ratio 30% 40% 25% The same raw materials used in all three products. Barlow Company has only 5.600 pounds of raw material on...
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...
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...
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