Question
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
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 7 cups of sugar, 24 ounces of chocolate chips, 16 ounces of butter, and 22 ounces of evaporated milk. The standard costs for each of the ingredients are as follows: $ 0.14 per cup of sugar, $ 0.11 per ounce of chocolate chips, $ 0.08 per ounce of butter, and $ 0.12 per ounce of evaporated milk.
Calculate the standard direct material (DM) cost per batch of fudge truffles
(Enter all dollar amounts to two decimal places.)
| Standard Quantity |
| Standard Price |
| Standard Cost |
Sugar per cup |
| x |
| = |
|
Chocolate chips per ounce |
| x |
| = |
|
Butter per ounce |
| x |
| = |
|
Evaporated milk per ounce |
| x |
| = |
|
Standard DM cost per batch |
|
|
|
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