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 (5,600 bars) are as follows:
| Ingredient | Quantity | Price |
|---|---|---|
| Cocoa | 390 lbs. | $0.40 per lb. |
| Sugar | 120 lbs. | $0.60 per lb. |
| Milk | 90 gal. | $1.20 per gal. |
Determine the standard direct materials cost per bar of chocolate. Round to two decimal places. fill in the blank 1 of 1$ per bar
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Financial Accounting
Authors: Jamie Pratt, Michael F Peters
11th Edition
1119745322, 978-1119745327
