49 50 Using the following information determine total cost per 10 pound bag of ground coffee: 51 (1 point per item assigned to a bag and 3 points for correct total cost per bag - 10 points total) 52 53 Coffee beans - 50 pound bag $110 54 Customized bags for selling - 100 units $45 55 Direct labor for grinding coffee $20 per hour Ten pounds takes . 1 of an hour 56 Direct labor for packaging coffee $18 per hour Ten pounds takes . 1 of an hour 57 Manager salary $55,000 per year 58 Rent $22,500 per year 59 Insurance $950 per year 60 61 To allocate indirect costs assume a total of 200,000 pounds are ground and packaged per year Sheet1 Ready