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Cyri Cinfecuins is known for its creamy milk chocolate fudge drops. Cyri sells its fudge drops to local retailers. A unit of fudge drops is

Cyri Cinfecuins is known for its creamy milk chocolate fudge drops. Cyri sells its fudge drops to local retailers. A unit of fudge drops is a ten pound batch. The standard quantities of ingredients for a batch include 5 cups sugar, 18 ounces of chocolate chips, 14 ounces of butter, and 27 ounces of evaporated milk. The standard costs for each of the ingredients are as folllows: $0.23 per cup of sugar, $0.10 per ounce of chocolate chips, $0.11 per ounce of butter, and $0.11 per ounce of evaporated milk. image text in transcribed
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This Question: 14 pts Cyri Confections is known for its creamy milk chocolate fudge drops. Cyri sells its fudge drops to local retailers. A "unit" 14 ounces of butter, and 27 ounces of evaporated milk. The standard costs for each of the ingredients are as follows: S Requirement Calculate the standard direct material cost per batch of fudge drops Calculate the standard direct material (DM) cost per batch of fudge drops. (Enter all dollar amounts to two decimal places Quantity Price Cost Sugar per cup Chocolate chips per ounce Butter per ounce 14 ?? Evaporated milk per ounce Standard DM cost per batch ? 18 27 Choose from any list or enter any number in the input fields and then continue to the next nuactinn

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