Question
Standard Direct Materials Cost per Unit Truly Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk.
Standard Direct Materials Cost per Unit
Truly 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 (5,000 bars) are as follows:
| Ingredient | Quantity | Price |
|---|---|---|
| Cocoa | 500 lbs. | $1.04 per lb. |
| Sugar | 100 lbs. | $0.60 per lb. |
| Milk | 200 gal. | $0.85 per gal. |
Determine the standard direct materials cost per bar of chocolate. Round to two decimal places. $ ------------------- per 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
Retail Industry IRS Audit Technique Guide
Authors: Internal Revenue Service
1st Edition
1304114783, 978-1304114785
