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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.
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 (2,257 bars) are as follows:
Ingredient | Quantity | Price | |||
Cocoa | 480 | lbs. | $0.40 | per lb. | |
Sugar | 150 | lbs. | $0.60 | per lb. | |
Milk | 120 | gal. | $1.60 | per gal. |
Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. $fill in the blank 1per bar
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