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 (4,100 bars) are as follows Ingredient Quantity Price Cocoa 630 lbs $0 40 per lb Sugar 180 lbs $0 60 per lb Milk 150 gal $1 70 per gal Determine the standard direct materials cost per bar of chocolate If required, round to the nearest cent $per bar Sana Rosa Company manufactures unfinished home furniture Sana Rosa uses a standard cost system The direct labor, direct materials, and factory overhead standards for an unfinished dining room table are as follows Direct labor standard rate $20 00 per hr standard time per unit 3 5 hrs Direct materials (oak) standard price $9 50 per bd ft standard quantity 16 bd ft Variable factory overhead standard rate $2 40 per direct labor hr Fixed factory overhead standard rate $1 20 per direct labor hr a Determine the standard cost per dining room table If required, round your answer to two decimal places $per table b A standard cost system provides Sana Rosa management a cost control tool using the principle of Using this principle, cost deviations from standards can be investigated and corrected

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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 (4,100 bars) are as follows:

Ingredient	Quantity		Price
Cocoa	630	lbs.	$0.40	per lb.
Sugar	180	lbs.	$0.60	per lb.
Milk	150	gal.	$1.70	per gal.

Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. $per bar

Sana Rosa Company manufactures unfinished home furniture. Sana Rosa uses a standard cost system. The direct labor, direct materials, and factory overhead standards for an unfinished dining room table are as follows:

Direct labor:	standard rate	$20.00 per hr.
	standard time per unit	3.5 hrs.
Direct materials (oak):	standard price	$9.50 per bd. ft.
	standard quantity	16 bd. ft.
Variable factory overhead:	standard rate	$2.40 per direct labor hr.
Fixed factory overhead:	standard rate	$1.20 per direct labor hr.

a. Determine the standard cost per dining room table. If required, round your answer to two decimal places. $per table

b. A standard cost system provides Sana Rosa management a cost control tool using the principle of . Using this principle, cost deviations from standards can be investigated and corrected.