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Svenska Pharmicia, a Swedish pharmaceutical company, makes an anticoagulant drug. The main ingredient in the drug is a raw material called Alpha SR40. Information concerning the purchase and use of Alpha SR40 follows:Purchase of Alpha SR40: The raw material Alpha SR40 is purchased in 4-kilogram containers at a cost of 2,700 Kr per kilogram. (The Swedish currency is the krona, which is abbreviated as Kr.) A discount of 1% is offered by the supplier for payment within 10 days and Svenska Pharmicia takes all discounts. Shipping costs, which Svenska Pharmicia must pay, amount to 1,400 Kr for an average shipment of 10 4-kilogram containers of Alpha SR40.Use of Alpha SR40: The bill of materials calls for 8.1 grams of Alpha SR40 per capsule of the anticoagulant drug. (A kilogram equals 1,000 grams.) About 3% of all Alpha SR40 purchased is rejected as unsuitable before being used to make the anticoagulant drug. In addition, after the addition of Alpha SR40, about 1 out of every 26 capsules is rejected at final inspection, due to defects of one sort or another in the capsule.Requirement 1:Compute the standard purchase price for one gram of Alpha SR40. (Round your answer to 2 decimal place. Omit the “Kr” sign in your response.)Standard purchase price ____________ Kr Requirement 2:Compute the standard quantity of Alpha SR40 (in grams) per capsule that passes final inspection. (Round your answer to 2 decimal place.)Standard quantity ____________ grams Requirement 3:Using the data above, prepare a standard cost card showing the standard cost of Alpha SR40 per capsule of the anticoagulant drug. (Round your answers to 2 decimal places. Omit the “Kr” sign in your response.)Item Standard Quantityper Capsule Standard Priceper Gram Standard Costper CapsuleAlpha SR40 ____________ grams ____________ Kr ____________ Kr——————————————————————————–
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