Assume we have made 500,000 chocolate chip cookies the past year. We will use that same number to develop our burden rate for this year. Calculate the cost of making one chocolate chip cookie. Please show your calculations

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1. 4.5 cups of flour: 20.25oz= $0.648 2. 2 teaspoons baking soda: 28.35 grams=$0.028 3. 2 teaspoons salt: 28.35 grams= $0.09 4. 2 cups (4 sticks) butter: $2.58 5. 1.5 cups granulated sugar: 120z= $0.476 6. 1.5 cups packed brown sugar: 12oz= $0.91 7. 2 teaspoons of vanilla extract: 30 grams= $3.94 8. 4 large eggs: $0.59 9. 2 12oz packages of Nestle Chocolate chips: $4.78 10.2 cups of chopped nuts: $6.22 Total= $20.262 $2.44 Ingredients purchased: 1. 5 lb bag of flour: 80oz $2.56 2. 1 lb box of baking soda .46 3. 26 oz salt: 737.09 grams 4. 4 sticks of butter $2.58 5.4 lb bag of gran sugar $2.54 6. 2 lb brown sugar $2.43 7. 2 oz vanilla extract real $7.88 8. Dozen large eggs $1.78 9. 24 Oz bag Nestles Cho chips $4.78 Assume the direct labor was $10 per hour and that it took 1 hour to make and bake the cookies. Overhead: 1. Electric $20,000 2. Gas 10,000 3. Depron equip 5,000 4. Advertising 5,000 5. Plant supervisor salary 10,000 Assume we have made 500,000 chocolate chip cookies the past year. We will use that same number to develop our burden rate for this year. Calculate the cost of making one chocolate chip cookie. Please show your calculations. We baked a total of 63 chocolate chip cookies