Shipp, Inc

question 5

Multiple Choice

Shipp, Inc.manufactures a product requiring two pounds of direct material.During 2013, Shipp purchases 24,000 pounds of material for $99,200 when the standard price per pound is $4.During 2013, Shipp uses 22,000 pounds to make 12,000 products.The standard direct material cost per unit of finished product is

• A)$8.27.
• B)$9.01.
• C)$8.00.
• D)$8.53.

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Definitions:

Physiological Processes

Functions and activities carried out by living organisms to maintain life, including breathing, circulation, digestion, and reproduction.

Late Adulthood

The stage of life typically associated with old age, often considered to start around the age of 65 and characterized by changes in health, physical abilities, and social roles.

Vitality

The state of being strong, active, and full of energy; often considered essential for a healthy and fulfilling life.

Rampant Diseases

Illnesses that are widespread and out of control within a population.