Standard Direct Materials Cost per Unit Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate (8,100 bars) are as follows: Ingredient Quantity Price Cocoa 480 lbs. $0.40 per lb. Sugar 150 lbs. $0.60 per lb. Milk 120 gal. $1.70 per gal. Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent. $fill in the blank 1 per bar

$0.06

Explanation:

The standard direct materials cost per bar of chocolate will be:

Cocoa:

Quantity = 480 lbs.

Price = $0.40 per lb

Amount = $192

Sugar:

Quantity = 150 lbs.

Price = $0.60 per lb

Amount = $90

Milk:

Quantity = 120 gal

Price = $1.70 per gal

Amount = $204

Total amount = $192 + $90 + $204 = $486

Since there are 8100 bars of chocolate, the cost per bar will be:

= $486 / 8100

= $0.06

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer(d) the growth of consumption is likely to remain sluggish even as the economy begins to recover.;