Question: Chapter 08 Homework (Application) Standard Direct Materials Cost per Unit Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa,

Chapter 08 Homework (Application) Standard Direct Materials Cost per Unit Roanoke

Chapter 08 Homework (Application) 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 (1,260 bars) are as follows: Ingredient Quantity Price Cocoa 450 lbs. $0.40 per Ib. Sugar 120 lbs. $0.60 per Ib. 90 gal. $1.40 per gal. Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. per bar Milk

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