Standard Direct Materials Cost per Unit Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocos, sugar, and milk. The standard costs for a batch of chocolate (1,245 bars) are as follows: Ingredient Sugar Milk Quantity Price 510 lbs. $0.30 per lb. 150 lbs. $0.60 per lb. 120 gal $1.40 per gal Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent per bar