Tanger Products plans to produce 10,000 units in January.Each unit requires 3 pounds of plastic, which costs $2 per pound.What standard material cost would the company use to plan for production?

Question

Quizplus · Accepted Answer

The standard material cost per unit is calculated by multiplying the pounds of plastic required per unit (3 pounds) by the cost per pound ($2), resulting in $6 per unit.

Tanger Products Plans to Produce 10,000 Units in January