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 (1,850 bars) are as follows:
Ingredient | Quantity | Price | |||
Cocoa | 540 | lbs. | $0.30 | per lb. | |
Sugar | 150 | lbs. | $0.60 | per lb. | |
Milk | 120 | gal. | $1.60 | per gal. |
Determine the standard direct materials cost per bar of
chocolate. If required, round to the nearest cent.
$per bar
Answer:-
Total direct material cost of a batch of 1850 bars
Cocoa . 540 lbs*$0.30= $162
Sugar= 150 lbs*$0.60=$ 90
Milk= 120 gal*$1.60=$192
Total cost of a batch of 1850 bars= 162+90+192= $444
Direct material cost per bar = $444 ÷ 1850= 0.24 $ or 24 cents
The answer is 0.24 $ or 24 cents.
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Standard Direct Materials Cost per Unit Roanoke Company produces chocolate bars. The primary materials used in...
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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 (4,400 bars) are as
follows:
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 (4,400 bars) are as follows: Ingredient Quantity Price Cocoa 600 lbs. $0.40 per lb. Sugar 180 lbs....
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