Practice Exerclse 02 (Part Level Submisslon) PuzzleJigs manufactures custom jigsaw puzzles by turning a customer’s 12 x 16 photograph into a…

(Round answers to 2 decimal places, e.g. 15.20.)

Practice Exerclse 02 (Part Level Submisslon)PuzzleJigs manufactures custom jigsaw puzzles by turning a customer’s 12 x 16 photograph into a 340-piece puzzle. The following information has been provided by various units within the company. Each photograph is mounted onto a 18 x 18 piece of cardboard using 3 ounce of adhesive. The company buys the cardboard in bundles of 520 pieces for \$100. PuzzleJigs pays shipping costs of \$17 per bundle on the cardboard. The mounting adhesive costs \$0.27 per ounce.Each ﬁnished puzzle is packaged in a box that costs Puzzlaigs \$0.51 to purchase. It takes 25 minutes for a worker to mount the picture, cut the puzzle, and pack it in a box. Workers are paid \$6.80 per hour; fringe beneﬁts amount to an additional 26 percent of wages. PuzzleJigs applies overhead at a rate of \$12 per direct labor hour. v (3)Calculate the standard price and quantity for each component of direct materials. (Round answers to 2 decimal places, e.g. 15.20.) 18x 18 cardboard sheet \$:] per sheet Mounting adhesive ounce \$ per ouncePacking box [3 box \$:] per box IINK‘I’O TEXT

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