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Determine standard direct material cost per bar of chocolate

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Reference no: EM132529100

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            Quantity          Price

Cocoa                480 lbs.         $0.30 per lb.

Sugar                   150 lbs.      $0.60 per lb.

Milk                      120 gal.         $1.50 per gal.

Question 1 : Determine the standard direct materials cost per bar of chocolate.

Reference no: EM132529100

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