Question: 1 Exercise 1 4 - 3 3 ( Algo ) Determining Standard Direct Materials Cost ( LO 1 4 - 4 ) 1 poines Agrichem

1
Exercise 14-33(Algo) Determining Standard Direct Materials Cost (LO 14-4)
1
poines
Agrichem manufactures insect-Be-Gone. Fach bap of the product contains 60 pounds of dinect materials. Twenty percent of the materials evaporale during manulacturing. The budget allows the direct mabelals io bet purchased af $4.00 per pound lgovs oest under terms of 310,n30. The compary/s stated policy is le lisat all mallable cash drocourits.
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Aequired:
Determine the standard divect meterials cost for one bay of limact Al-Gone
Noper Do mot round intermediale celiculations.
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Exercise 14-33(Algo) Determining Standard Direct Materials Cost [LO 14-4]
1
Mons
Agrichem manufactures insect-Be-Gone. Fach beg of the product contains 60 pounds of dinect materials. Twenty percent of the materials evaporabe duing mandacturing. The budget alows tle drect maberials to be purchased at 54.00 per pound foross corts under terms of 310.n30. The compeny's stated policy is lo tate at malable cash siscounts.
Hequired:
Determine the standard direct materals cost lor one bag of insect Ae Gone.
Noter De net reund intermediate calculations.
Siandend drest mintrials ceet
1 Exercise 1 4 - 3 3 ( Algo ) Determining

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