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Merry Mitten Maltsters Inc. is in the business of converting Michigan grown wheat and barley and processing it into malt for use in microbreweries across

Merry Mitten Maltsters Inc. is in the business of converting Michigan grown wheat and barley and processing it into malt for use in microbreweries across the Midwest. The following financial, production, and selling information has been provided for 2016. It is assumed that everything Merry Mitten produces is sold. Tons of Production Direct Materials Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead Variable S & A Costs Fixed S & A Costs Selling Price 4,762 tons $207 per ton $33 per ton $16 per ton $2,628,145 per year $19 per ton $733,935 per year $956 per ton On the basis of full absorption costing, what is the per ton product cost of for the Merry Mitten Maltsters for 2016? Include two decimal places in your

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