different materials, and they have different colors that also have the option of being metallic or matte. Not all tiles require the use of all processes utilized by Blossom. The company has estimated the following predetermined costs per tile for its key processes: Estimated cost per tile Mining $0.50 Total cost $ Blending Pressing $0.34 $0.38 per box Metallic Matte $0.69 $0.41 Glazing $0.55 Blossom completed a batch of 16,000 thes that it then divided into boxes of 40 tiles each. If this batch required the use of the Blending. Pressing, Matte, Glazing, and Firing processes, and the tile materials cost $6,080 for the entire batch, how much total cost would be assigned to each box of 40 tiles in this batch? (Round intermediate calculations and final answer to 2 decimal places, e.g. 25.50.) Firing $0.53
different materials, and they have different colors that also have the option of being metallic or matte. Not all tiles require the use of all processes utilized by Blossom. The company has estimated the following predetermined costs per tile for its key processes: Estimated cost per tile Mining $0.50 Total cost $ Blending Pressing $0.34 $0.38 per box Metallic Matte $0.69 $0.41 Glazing $0.55 Blossom completed a batch of 16,000 thes that it then divided into boxes of 40 tiles each. If this batch required the use of the Blending. Pressing, Matte, Glazing, and Firing processes, and the tile materials cost $6,080 for the entire batch, how much total cost would be assigned to each box of 40 tiles in this batch? (Round intermediate calculations and final answer to 2 decimal places, e.g. 25.50.) Firing $0.53
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
7
Transcribed Image Text:different materials, and they have different colors that also have the option of being
metallic or matte. Not all tiles require the use of all processes utilized by Blossom. The
company has estimated the following predetermined costs per tile for its key processes:
Estimated cost per tile Mining $0.50 Total cost $ Blending Pressing $0.34 $0.38 per box
Metallic Matte $0.69 $0.41 Glazing $0.55 Blossom completed a batch of 16,000 thes that it
then divided into boxes of 40 tiles each. If this batch required the use of the Blending.
Pressing, Matte, Glazing, and Firing processes, and the tile materials cost $6,080 for the
entire batch, how much total cost would be assigned to each box of 40 tiles in this batch?
(Round intermediate calculations and final answer to 2 decimal places, e.g. 25.50.) Firing
$0.53
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