Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa,...
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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 (1,020 bars) are as follows Ingredient Quantity Price Cocoa 390 lbs $0.30 perib Sugar 120 lbs $0.60 perib MIK $1,30 per gal Determine the standard direct materials cost per bar of chocolate. It required, round to the nearest cent. per bar 90 g
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