Lakeway Manufacturing Co. manufactures and sells household cleaning products. The company's...
Question:
Lakeway Manufacturing Co. manufactures and sells household cleaning products. The company's research department has developed a new cleaner for which a standard cost must be determined. The new cleaner is made by mixing 11 quarts of triphate solution with 4 pounds of sobase granules and boiling the mixture for several minutes. After the solution has cooled, 2 ounces of methage are added. This "recipe" produces 10 quarts of the new cleaner, which is then packaged in 1-quart dispenser bottles. Raw material costs are:
| Triphate solution | $0.30 per quart |
| Sobase granules | 0.74 per pound |
| Methage | 1.20 per ounce |
| Bottle | 0.12 each |
Using the preceding data, calculate the raw material cost for one bottle of the new cleaner.
Raw materials:
One of the most vital components to any product are the raw materials. These are typically added at the beginning a of a process, but sometimes can be added as the product is made.
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Raw Materials Used in the Textile Industry
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