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Determine the standard direct materials cost

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Reference no: EM132557874

Question - 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 (1,700 bars) are as follows:

Ingredient

Quantity

Price

Cocoa

660 lbs.

$0.30 per lb.

Sugar

180 lbs.

$0.60 per lb.

Milk

150 gal.

$1.70 per gal.

Required - Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent.

Reference no: EM132557874

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