Determine standard direct material cost per bar of chocolate

Reference no: EM131977421

Problem

Standard Direct Materials Cost per Unit Bavarian Chocolate 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 (10,000 bars) are as follows: Ingredient Quantity Price Cocoa 630 lbs. $0.4 per lb. Sugar 180 lbs. $0.6 per lb. Milk 150 gal. $1.6 per gal. Determine the standard direct materials cost per bar of chocolate.

Reference no: EM131977421

Questions Cloud

Determine the activity cost of instruction per student : Determine the activity cost of instruction per student in both the introductory and the graduate economics courses.

What status do you think a 14-day-old embryo has : What status do you think a 14-day-old embryo has? Is it a person, a small group of cells, or something in between? Use ideas from TWO

Reproductive and therapeutic cloning : Describe at least three ethical controversies surrounding reproductive and therapeutic cloning?

Explain what is meant by the term modes : MATH2014 Excel Assignment for Business Statistics. Write down the name of the function to verify that you used Excel. Explain what is meant by the term 'modes'

Determine standard direct material cost per bar of chocolate : Standard Direct Materials Cost per Unit Bavarian Chocolate Company produces chocolate bars. ThDetermine the standard direct materials cost per bar of chocolate.

Define two reasons why ecological succession progresses : Define two reasons why ecological succession progresses from populations with low diversity to populations with high diversity.

Provide brochure about how to start a community initiative : A student has approached you with a concern or problem that they have identified in his or her community or school.

Discuss the requirements of health services managers : When compared to non-health care industry, what makes the management of health care organizations so unusual?

Determine cycle time and average production rate : Determine (a) cycle time, (b) average production rate with and without setup time included, and (c) cost per stamping produced.

User Account

All Pages