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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
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 (1,488 bars) are as follows:
Ingredient | Quantity | Price |
---|---|---|
Cocoa | 420 lbs. | $0.40 per lb. |
Sugar | 120 lbs. | $0.60 per lb. |
Milk | 90 gal. | $1.30 per gal. |
Determine the standard direct materials cost per bar of chocolate. Round to two decimal places. fill in the blank 1 of 1$ per bar
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