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Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch

Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (1,425 bars) are as follows: Ingredient Quantity Price Cocoa 390 lbs. $0.30 per Ib. $0.60 per lb. Sugar 120 lbs. Milk 90 gal. $1.70 per gal. Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. per bar

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