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Wyler Confections is known for its rich dark chocolate fudge truffles. Wyler solls its fudge trutfles to local retailers. A unit of fudge truffles is
Wyler Confections is known for its rich dark chocolate fudge truffles. Wyler solls its fudge trutfles to local retailers. A "unit" of fudge truffles is a 10-pound batch. The standard quantities of ingredients for a batch indude 9 cups of sugar, 17 ounces of chocolate chips, 15 ounces of butter, and 20 ounces of evaporated milk. The standard costs for each of the ingredients are as followsi $0.22 per cup of sugar, $0.16 per ounce of chocolate chips, 50.17 per ounce of butter, and $0.14 per ounce of evaporated mik. Calculate the standard direct material cost per batch of fudge truffles. Calculate the standard direct material (DM) cost per batch of fudge truffles. (Enter all dollar amounts to two decimal places.)
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