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Standard Direct Materials Cost per Unit Roanoke Company produces chocolate bars. The primary materials used in...

Standard Direct Materials Cost per Unit

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 (1,757 bars) are as follows:

Ingredient Quantity Price
Cocoa 450 lbs. $0.40 per lb.
Sugar 120 lbs. $0.60 per lb.
Milk 90 gal. $1.30 per gal.

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

Solutions

Expert Solution

Ingredient Quantity Price Cost Cost per bar
Cocoa 450 $                 0.40 $             180.00 $         0.10
Sugar 120 $                 0.60 $               72.00 $         0.04
Milk 90 $                 1.30 $             117.00 $         0.07
Total Standard Cost $             369.00 $         0.21 per bar
No. of chocolate bars 1757 bars
Standard Direct material cost per bar $                 0.21 per bar

ekkarill92 answered 1 year ago
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