ruly Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate $(1,525$ bars$)$ are as follows:

Ingredient Quantity Price

Cocoa $420$ lbs$.$ $$0\mathrm{.}40$ per lb$.$

Sugar $120$ lbs$.$ $$0\mathrm{.}60$ per lb$.$

Milk $90$ gal. $$1\mathrm{.}40$ per gal.

Determine the standard direct materials cost per bar of chocolate. Round to two decimal places.