A Case Study To illustrate,assume that Xonic,Inc.,wishes to use standard costs to measure performance in filling an order for 1,000 gallons of Weed-O,a liquid weed killer. Direct Materials Standard Cost per unit which should be incurred purchasing department's best estimate of the cost of raw materials include amount for related costs WEED-O receiving,storing,and handling 海南大学董建华讲授 10-8 海南大学董建华讲授 10- 8 A Case Study To illustrate, assume that Xonic, Inc., wishes to use standard costs to measure performance in filling an order for 1,000 gallons of Weed-O, a liquid weed killer. Direct Materials Standard Cost per unit which should be incurred ◼ purchasing department’s best estimate of the cost of raw materials ◼ include amount for related costs ◼ receiving, storing, and handling WEED-O