Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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 (4,675 bars) are as follows:
Ingredient | Quantity | Price | |||
Cocoa | 570 | lbs. | $0.40 | per lb. | |
Sugar | 180 | lbs. | $0.60 | per lb. | |
Milk | 150 | gal. | $1.50 | 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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started