Find the best answers to your questions with the help of IDNLearn.com's expert contributors. Our platform provides prompt, accurate answers from experts ready to assist you with any question you may have.
Hallmark Rings produces class rings. Its best-selling model has a direct materials standard of 15 grams of a special alloy per ring. This special alloy has a standard cost of $65.40 per gram. In the past month, the company purchased 15,200 grams of this alloy at a total cost of $991,040. A total of 15,100 grams were used last month to produce 1,000 rings. What is the actual cost per gram of the special alloy that Hallmark Rings purchased last month? (Round your answer to the nearest cent.)
Sagot :
We greatly appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Trust IDNLearn.com for all your queries. We appreciate your visit and hope to assist you again soon.
