Standard Direct Materials Cost per Unit Crazy 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 (1,500 bars) are as follows: Ingredient Cocoa Sugar Milk Quantity Price 450 lbs. $0.30 per lb. 120 lbs. $0.60 per lb. 90 gal. $1.70 per gal. Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. per bar Direct Materials Variances The following data relate to the direct materials cost for the production of 1,800 automobile tires: Actual: Standard: 48,600 lbs. at $2 per lb. 47,100 lbs. at $2.05 per lb. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct Materials Price Variance Direct Materials Quantity Variance Total Direct Materials Cost Variance b. The direct materials price variance should normally be reported to the When lower amounts of direct materials are used because of production efficiencies, the variance would be reported to the When the favorable use of raw materials is caused by the purchase of higher-quality raw materials, the variance should be reported to the