FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

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.

image text in transcribed

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 (7,900 bars) are as follows: Ingredient Quantity Price Cocoa 480 lbs. $0.40 per lb. Sugar 150 lbs. $0.60 per Ib. Milk 120 gal. $1.60 per gal. Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. $ per bar

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The ASQ Auditing Handbook

The ASQ Auditing Handbook

Authors: J. P. Russell,

4th Edition

0873898478, 978-0873898478

More Books

Students also viewed these Accounting questions

Question

★★★★★
The tip of a soldering iron consists of a 0.6-cm-OD copper rod, 7.6 cm long. If the tip must be 204?C, what is the required minimum temperature of the base and the heat flow, in Btu??s per hour and...

Answered: 1 week ago

Question

★★★★★
While interviewing a female applicant for a new Controller, the company CFO noted the shiny wedding ring that the interviewee was wearing. "Wow, that's a beautiful ring. Someone must really love...

Answered: 1 week ago

Question

★★★★★
Does the type of contract make a difference in how changes are handled?

Answered: 1 week ago

Question

★★★★★
Shelf mix decision Superstore is a large discount supermarket. Profits have declined, so the manager has collected data on revenues and costs for different food categories. The following data pertain...

Answered: 1 week ago

Question

★★★★★
Manamament Inetriotinne Download HW 2 (Excel download) and perform the necessary MRP calculations. Then enter selected values below. What is the Parent's Planned Order Receipts for Period 3? What is...

Answered: 1 week ago

Question

★★★★★
i need the exact answer for the following questions thank you. 2) Depreciation Methods Nickle Company purchased three identical assets for $17,000 on January 2. 2016. Each asset has an expected...

Answered: 1 week ago

Question

★★★★★
In each reaction box, select the best reagent and conditions from each list. 1. reagent 1 2. reagent 2 3. reagent 3 Br

Answered: 1 week ago

Question

★★★★★
Define promotion.

Answered: 1 week ago

Question

★★★★★
Write a note on transfer policy.

Answered: 1 week ago

Question

★★★★★
Discuss about training and development in India?

Answered: 1 week ago

Question

★★★★★
Explain the various techniques of training and development.

Answered: 1 week ago

Question

★★★★★
=+What steps would you want to take before participating in the conversation?

Answered: 1 week ago

Question

★★★★★
=+1. You are a social media manager for a local school system. Some of your colleagues have been watching some larger brands be creative with their writing style, embracing a snarky approach. What...

Answered: 1 week ago

Question

★★★★★
=+3. You are asked to do a social media communication audit for your university. Identify the internal and external characteristics of its social media presence, and make three recommendations based...

Answered: 1 week ago

Previous Question Next Question