Flower City Cartridges (FCC) manufactures replacement cartridges for desktop printers. FCC uses standard costs

Flower City Cartridges (FCC) manufactures replacement cartridges for desktop printers. FCC uses standard costs within a job order cost system. In June, FCC purchased 18 gallons of blue ink for $385.20 and produced the following four different cartridge jobs using the blue ink (and other inks, materials, and direct labor):
Jobs Blue Ink, Gallons used
CJ120 4.2
HP9X2 3.9
CN417 3.8
XRX776 4.4
All four labor jobs have a blue ink materials standard that calls for four gallons of blue ink per job. Blue ink has a standard cost of $20.00 per gallon. These were the only jobs calling for blue ink in June. There was no beginning blue ink inventory on June 1.
Required: prepare a table that indicates the financial disposition of the historical cost of the blue ink purchased in June. (That is, account for the $385.20 blue ink purchase)

Leave a Comment

Your email address will not be published. Required fields are marked *

Is this question part of your Assignment?

Get expert help

Girl in a jacket


We are a team of academic consultants with extensive experience in writing academic papers for college students in the US, Canada, UK, AU, and other parts of the world.

We help students with both technical and non-technical assignments across all majors & academic disciplines.

Unlike what our name suggests, we research and draft everything word for word. We do not use AI or any rewriting tool! We provide Turnitin reports for AI & Turnitin alongside every paper.

Need help? Send us your assignment now!

description here description here description here