Standard direct materials cost per unit

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 (5,200 bars) are as follows:

ingredient quantity price
cocoa 400 lbs. $1.25 per lb.
sugar 80 lbs. $0.40 per lb.
milk 120 gal. $2.50 per gal.
determine the standard direct materials cost per bar of chocolate. round to two decimal places.

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)