Dozen Bakery makes cupcakes and cookies.Dozen gathered the following information for the current year regarding its use of flour and butter (flour is a direct material for cupcakes and butter is a direct material for cookies) :
What is the standard direct material price per pound for the butter in the cookies?
Definitions:
Cinnamon Buns
A sweet pastry that consists of a rolled sheet of dough upon which a cinnamon and sugar mixture is spread before being rolled into a log shape and sliced into individual portions that are baked.
Bagels
A dense, doughnut-shaped bread roll, typically boiled before being baked, originating from the Jewish communities of Poland.
Unjust Enrichment
A legal principle stating one party should not be allowed to profit at another's expense without making restitution for the fair market value of any benefits received.
Legal Obligations
Duties enforced by law that a person or entity is required to fulfill.
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