Question: =+EX 23-6 Standard direct materials cost per unit from variance data objs. 2, 3 H.J. Heinz Company uses standards to control its materials costs. Assume
=+EX 23-6 Standard direct materials cost per unit from variance data objs. 2, 3 H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup (1,500 pounds) has the following standards:
Standard Quantity Standard Price Whole tomatoes 2,500 lbs. $ 0.45 per lb.
Vinegar 140 gal. 2.75 per gal.
Corn syrup 12 gal. 10.00 per gal.
Salt 56 lbs. 2.50 per lb.
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