Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and

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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 (5,200 bars) are as follows:

IngredientQuantityPrice

Cocoa....................400 lbs...............$1.25 per lb.

Sugar......................80 lbs...............$0.40 per lb.

Milk......................120 gal..............$2.50 per gal.

Determine the standard direct materials cost per bar of chocolate.

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Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: Mar 30, 2017 12:00 PM

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Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and

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