2 pts Question 45 Hang Ten Company manufactures surf boards and uses an activity-based costing system to allocate all manufacturing conversion costs Each surf board consists of 30 separate parts totaling $105 in direct materials and requires 4 hours of machine time to produce. The company incurs no direct labor costs. Information about the company's activities and their cost allocation rates follows: Materials handling $3.75 per part Machining: $2.00 per machine hour Assembling: $5.50 per part Packaging: $4.75 per finished surf board What is the total manufacturing cost per surf board? $395.25 5442.50 $60.00 $342.25