Question

Calculate Standard Material Cost for Valve with the information below.

Item Dest U.O.M Rief Net Pert Length (in) Gross Dia (inl Net D18 ini Ibs per cu/in U.O.M Std. Mtl CostU.O.M tem No. -100 1-102 Aluminum Stock -2 inch Dia x 10 ft Aluminum Bocty-1/2 Female Pipe Aluminum End- 1/2 Male Pipe O-Ring Neopreme 5 Goss Bar Length linj 3.5 3.5 per 10 ft stock 0.098 EA O EA O EA EA 700 Sprine Low Pressure 00-50 1-1100 1-100 Snap Ring-1 0.5 57 3.5 3.5 0.75 0.098 EA Aluminum Stock -2 inch Diax10ft Aluminum Stock -2 inch Dia r10ft Completed Assy per 10 ft stock 0098 EA 1-1200

Answer 1

Beginning raw material	6000
Raw material purchase	123500
Material available for use	129500
Less; Ending raw material	-7500
Direct material used	122000