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Determine the standard direct materials cost per bar

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Reference no: EM132716777

Problem - Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (5,000 bars) are as follows:

Ingredient

Quantity

Price

Cocoa

500 lbs.

$1.40 per lb.

Sugar

100 lbs.

$0.50 per lb.

Milk

250 gal.

$1.60 per gal.

Required - Determine the standard direct materials cost per bar of chocolate.

Reference no: EM132716777

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