Use the Following Information for Questions

question 42

Multiple Choice

Use the following information for questions
Oxnard Industries produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is .3 pounds and .1 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $.10 per pound, and receiving and handling costs are $.07 per pound. The hourly wage rate is $12.00 per hour, but a raise which will average $.30 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is .2 hours and .1 hours, respectively.
-The standard direct materials price per pound is

• A) $1.96.
• B) $2.00.
• C) $2.13
• D) $2.17

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Definitions:

Biological Causality

The concept that biological processes and mechanisms are the cause of specific outcomes or effects in living organisms.

Inevitability

The quality of being certain to happen; an outcome that is unavoidable under the given circumstances.

Noncorporeal Continuation

The belief or concept that an individual's consciousness or soul persists after physical death, transcending physical form.

Biological Causality

Involves the processes and factors within living organisms that lead to particular outcomes or states of being.