Misemer corporation is developing standards for its
Course:- Accounting Basics
Reference No.:- EM13601486

Assignment Help >> Accounting Basics

Misemer Corporation is developing standards for its products. One product requires an input that is purchased for $57.00 per kilogram from the supplier. By paying cash, the company gets a discount of 8% off this purchase price. Shipping costs from the supplier's warehouse amount to $3.60 per kilogram. Receiving costs are $0.26 per kilogram. The standard price per kilogram of this input should be?

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Accounting Basics) Materials
The KL Partnership is owned equally by Kayla and Lisa. Kayla's basis is $20,000 at the beginning of the tax year. Lisa's basis is $16,000 at the beginning of the year
Calculate the free cash flows and determine the NPV of this project. (*) The opportunity cost must be after-tax - Apple's discount rate for this project is 15.6% and its tax r
Find what could be the total final payment according to the actual contract and the new final payment according to the new proposal. Should the contractor accept the new pro
Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2011, assuming that the bonds sold at 104.
What would be the appropriate level of involvement of an accountant in evaluating and selecting an AIS vendor and the AIS itself? What are some of the contributions an accou
Crocket Corp issues $200,00 of its 10percent bonds payable on April 1, 2030. The bonds were issued at face value, Interest is payable semi-annually, on 10/1 and 4/1. give th
Onslow Co. purchases a used machine for $288,000 cash on January 2 and readies it for use the next day at a $8,000 cost. On January 3, it is installed on a required operating
Armando contributed some inventory from his sole proprietorship to a public charity for its use. On the date of the contribution, Armando's basis in the inventory $2,000 and