Standard Discount Materials Cost per Unit

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 (1,971 bars) are as follows: Ingredient Cocoa Quantity 480 lbs 150 lbs. 120 gal $1.50 per gal. Price 50.30 per lb. S0.60 per lb. Sugar Milk Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent