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Standard Direct Materials Cost per Unit Roanoke Company produces chocolate bars

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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 (955 bars) are as follows:

Ingredient Quantity Price
Cocoa 420 lbs. $0.30 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.

Option 1

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2.89 USD

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