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 (2,200 bars) are as follows: Ingredient Quantity Price Cocoa 600lbs. $0.30per lb. Sugar 180lbs. $0.60per lb. 150gal. $1.60per gal. Milk Determine the standard direct materials cost per bar of chocolate.
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 (2,200 bars) are as follows: Ingredient Quantity Price Cocoa 600lbs. $0.30per lb. Sugar 180lbs. $0.60per lb. 150gal. $1.60per gal. Milk Determine the standard direct materials cost per bar of chocolate.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 1E: Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars...
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
Transcribed Image Text: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 (2,200
bars) are as follows:
Ingredient Quantity Price
Cocoa
600lbs.
$0.30per lb.
Sugar
180lbs.
$0.60per lb.
150gal. $1.60per gal.
Milk
Determine the standard direct materials cost per bar of
chocolate.
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