Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows:Assume that Norio does not maintain an inventory of materials, so that the amount of materials used is equal to the amount of materials purchased. The standard cost per pound of PPS (to two decimal places) is:
A) $5.20.
B) $5.76.
C) $6.24.
D) $6.84.
E) $7.20.

Question

Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows:Assume that Norio does not maintain an inventory of materials, so that the amount of materials used is equal to the amount of materials purchased. The standard cost per pound of PPS (to two decimal places) is:
A) $5.20. 
B) $5.76. 
C) $6.24. 
D) $6.84. 
E) $7.20.

Quizplus · Accepted Answer

The Answer of Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows:Assume that Norio does not maintain an inventory of materials, so that the amount of materials used is equal to the amount of materials purchased. The standard cost per pound of PPS (to two decimal places) is:
A) $5.20. 
B) $5.76. 
C) $6.24. 
D) $6.84. 
E) $7.20.

Norio Manufacturing Uses Powdered Plastics (PPS) to Manufacture a High-Pressure