Bavarian Chocolate Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (5,000 bars) are as follows Ingredient Quantity Price cocoa 510 LBS $0.40per LB. Sugar 150 LBS $0.64per LB. Milk 120 GAL $1.25per Gal Determine the standard direct materials cost per bar of chocolate. Round the answer to nearest whole cent. Standard direct materials cost per bar: $