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37. Carolina Cup employs five production employees who are paid an hourly wage of $9 per hour. Each employee works 800 hours a year. The
37. Carolina Cup employs five production employees who are paid an hourly wage of $9 per hour. Each employee works 800 hours a year. The company also incurred $42,000 of overhead, half of which should be allocated to the factory. Using the cost of direct materials calculated in Exercise 36, determine the total manufacturing costs for the year.
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