Standard direct materials cost per unit
roanoke company produces chocolate bars. the pri...
Business, 11.11.2019 21:31 kitttimothy55
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 (5,200 bars) are as follows:
ingredient quantity price
cocoa 400 lbs. $1.25 per lb.
sugar 80 lbs. $0.40 per lb.
milk 120 gal. $2.50 per gal.
determine the standard direct materials cost per bar of chocolate. round to two decimal places.
Answers: 3
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