Standard Direct Materials Cost per Unit Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars cocoa, sugar, and milk. The standard costs for a ba chocolate (2,471 bars) are as follows: Price Ingredient Quantity

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 1E: Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars...
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Standard Direct Materials Cost per Unit
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 (2,471 bars) are as follows:
Ingredient
Cocoa
Sugar
Milk
Quantity
570 lbs.
180 lbs.
150 gal.
tA
Price
$0.30 per lb.
$0.60 per lb.
$1.60 per gal.
Determine the standard direct materials cost per bar of
chocolate. If required, round to the nearest cent.
per bar
Transcribed Image Text:Standard Direct Materials Cost per Unit 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 (2,471 bars) are as follows: Ingredient Cocoa Sugar Milk Quantity 570 lbs. 180 lbs. 150 gal. tA Price $0.30 per lb. $0.60 per lb. $1.60 per gal. Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. per bar
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9781337912020
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Publisher:
South-Western College Pub