Question
Standard Direct Materials Cost per Unit Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The
Standard Direct Materials Cost per Unit
Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (1,450 bars) are as follows:
| Ingredient | Quantity | Price | |||
| Cocoa | 420 | lbs. | $0.40 | per lb. | |
| Sugar | 120 | lbs. | $0.60 | per lb. | |
| Milk | 90 | gal. | $1.20 | per gal. | |
Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. $per bar
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Auditing And Assurance Services
Authors: William MessierSteven Glover
7th Edition
0073527084, 9780073527086
