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DEF Company manufactures premium chocolates. The company incurred the following costs during the month of March: direct materials $70,000, direct labor $50,000, manufacturing overhead $40,000,
DEF Company manufactures premium chocolates. The company incurred the following costs during the month of March: direct materials $70,000, direct labor $50,000, manufacturing overhead $40,000, and selling and administrative expenses $30,000. The company produced 1,500 boxes of chocolates during the month. Calculate the total cost per box and the selling price per box if the company wants to earn a 60% markup on total cost.
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