Question
Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of
Roanoke 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 (1,971 bars) are as follows:
Ingredient
Quantity
Price
Cocoa
480
lbs.
$0.30
per lb.
Sugar
150
lbs.
$0.60
per lb.
Milk
120
gal.
$1.50
per gal.
Determine the standard direct materials cost per bar of chocolate.
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Management Accounting Information for creating and managing value
Authors: Kim Langfield Smith, David Smith, Paul Andon, Ronald Hilton, Helen Thorne
8th edition
9781760420413 , 978-1760420406
