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De la renta chocolate company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for

De la renta 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 (4,800 bars) are as follows:

ingredient quantity price

cocoa 650lbs .90 per lb

sugar 200lbs 1.50 per lb

milke 150gal 2.10 per gal

determine the standard direct materials cost per bar of chocolate

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