Misemer corporation is developing standards for its
Course:- Accounting Basics
Reference No.:- EM13601487

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
Sources and Uses of Cash. State how each of the following events would affect the firm's balance sheet. State whether each change is a source or use of cash.
Lavender Corporation had 10,000 shares of common stock outstanding at the beginning of the year. On July 1, it issued 5,000 shares, and on September 1 it reacquired 600 shares
The fixed manufacturing overhead variance caused by actual activity being different from the estimated activity used in calculating the predetermined overhead application ra
Explain how each of these events affect the accounting equation by writing the letter I for increase, the letter D for decrease, and NA for does not affect under each of the c
Admire County Bank agrees to lend Givens Brick Company $300,000 on January 1. Givens Brick Company signs a $300,000, 8%, 9-month note. What entry will Givens Brick Company m
If 5 officers are randomly selected for service during the speech, what is the probability that exactly 2 of them will have had advanced training in crowd control? What is t
Using accounting software takes operating costs into consideration and shows where nonprofitable products are losing money. How does this software tool help to more accurate
Preparing a list of pros and cons do not mean just giving a definition of three entities. Your information presented should be structured toward their prospective business.