Standard Direct Materials Cost per Unit-Bavarian Chocolate Company
Standard Direct Materials Cost per UnitBavarian Chocolate Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. Thestandard costs for a batch of chocolate (1,360 bars) are as follows:IngredientQuantityPriceCocoa540lbs.$0.3per lb.Sugar150lbs.$0.6per lb.Milk120gal.$1.3per gal.Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent.$per bar