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Cwds613 Cwds613
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2 months ago
Simple Styles is a dress manufacturer. The company purchases fabric with a list price of $200 per bolt and pays shipping charges of $3 per bolt. Each bolt contains 100 yards of fabric. Simply Styles receives a volume discount of 15% per bolt. Each dress uses a standard quantity of 2 yards of fabric.

Required:

Calculate the standard cost of material for one dress.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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bknyc123bknyc123
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2 months ago
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More solutions for this book are available here
[$200 + $3 - ($200 × .15)] = $173 cost per bolt
$173 ÷ 100 yards = $1.73 per yard × 2 yards per dress = $3.46 standard cost per dress
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Cwds613 Author
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2 months ago
Thanks for your help!!
kiara23247843
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Yesterday
Good timing, thanks!
fxinternational
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2 hours ago
Thank you, thank you, thank you!
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