Question: 1 Half the class gets a 90 on the Final and the other half gets 80 a The weighted average grade for the entire class
| 1 | Half the class gets a 90 on the Final and the other half gets 80 | ||||||
| a | The weighted average grade for the entire class is | ||||||
| 2 | 80% of Total Log Costs are Tranp'n and 20% are Warehousing | ||||||
| Total Log costs are $5/Cwt | |||||||
| $/Cwt | $/Cs** | ||||||
| a | Thus the Transportation Cost = | ||||||
| b | Thus the Warehouse Cost = | ||||||
| **each case weighs 50 lbs | |||||||
| 3 | Direct Manufacturing Cost (DMC) Totals $2 per Case | ||||||
| Cost components are: | |||||||
| Raw Materials 50% | |||||||
| Packaging Materials 30% | |||||||
| Plant Labor 20% | |||||||
| Thus the Cost per Case values are: | |||||||
| $/Case | $/Cwt** | ||||||
| a | Raw Materials = | ||||||
| b | Packaging Materials = | ||||||
| c | Plant Labor = | ||||||
| **each case weighs 50 lbs | |||||||
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