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    Persechino Corporation: Calculate the Standard Price Per Kilogram

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    Question 4:

    Persechino Corporation is developing standards for its products. One product requires an input that is purchased for $88 per kilogram from the supplier. By paying cash, the company gets a discount of 1% off this purchase price. Shipping costs from the supplier's warehouse amount to $6.21 per kilogram. Receiving costs are $0.61 per kilogram. The standard price per kilogram of this input should be:

    $98.05

    $94.05

    $101.33

    $95.70

    © BrainMass Inc. brainmass.com June 3, 2020, 9:58 pm ad1c9bdddf
    https://brainmass.com/business/accounting/persechino-corporation-calculate-standard-price-per-kilogram-208082

    Solution Summary

    This provides the steps to calculate the standard price per kilogram. It uses simple step by step formula to solve the problem.

    $2.19

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