23.32 Special Snacks makes individually wrapped crme-filled cupcakes. Materials for each cupcake include 4 oz. cake batter costing $0.06 per ounce, 1 oz. filling costing $0.03, 1 oz. frosting costing $0.03, and packaging costing s0. The company allows $0.02 per cupcake for waste during the production process. The standard wage rate is $10.45 p hour, and each cupcake requires an average of.08 labor hours to produce. Total overhead is $675,000 allocated based on direct labor cost, which is expected to be $950,000 for the year. As compeny aceuntant your task is to determine the current standard cost for one cupcake. What is your finding? A $0.32 8 $0.84 c s060 D 5375 Q 23.32: Special Snacks makes individually wrapped crme-filled cupcakes. Materials for each cupcake include 4 oz. Cake batter costing s0.06 per ounce, 1 oz. filing costing 50.03, 1 oz. frosting costing so.03, and packaging costing s0.04 The company allows $0.02 per cupcake for waste during the production process. The standa hour, and each cupcake requires an average of.08 labor hours to produce. Total overhead is $675,000, allocated based on direct labor cost, which is expected to be $950,000 for the year. As company accountant, your task is to determine the current standard cost for one cupcake. What is your finding? rd wage rate is $10.45 per A $0.32 B) $0.84 $0.60 D $1.75