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Everest Confections is known for its rich dark chocolate fudge truffles. Everest sells its fudge truffles to local retailers. A unit of fudge truffles is

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Everest Confections is known for its rich dark chocolate fudge truffles. Everest sells its fudge truffles to local retailers. A unit of fudge truffles is a 10-pound batch. The standard quantities of ingredients for a batch include 15 cups of sugar, 16 ounces of chocolate chips, 13 ounces of butter, and 23 ounces of evaporated milk. The standard costs for each of the ingredients are as follows: $0.20 per cup of sugar, $0.19 per ounce of chocolate chips, $0.17 per ounce of butter, and $0.06 per ounce of evaporated milk. Calculate the standard direct material cost per batch of fudge truffles. Calculate the standard direct material (DM) cost per batch of fudge truffles. (Enter all dollar amounts to two decima places.) Standard Quantity Standard Price Standard Cost Sugar per cup Chocolate chips per ounce Butter per ounce Evaporated milk per ouncex Standard DM cost per batch

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