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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 (1,520 bars) are as follows:
\table[[Ingredient,Quantity,Price],[Cocoa,540lbs.,$0.30 per lb.],[Sugar,150lbs.,$0.60 per lb.],[Milk,120 gal.,$1.70 per gal.]]
Determine the standard direct materials cost per bar of chocolate. Round to two decimal places.
$ per bar
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