MHOMEWORK.pdf Carex ADVANCED COST AND MANAGERIAL ACCOUNTING MIDTERM HOMEWORK 0.1. (30 points) Canvas Manufacturing Company uses factory wide overhead allocation rate based on machine hours and uses allocated overhead while it is calculating cost of the products it produces. As of the beginning of 2020, overhead for the year estimated to be $ 600,000 and activity volume estimated to be 80,000 machine hours. During April Company completed the production of 1,000 units using $ 25,000 worth of direct material incurred 1.200 direct labor hours and paid $10 per direct labor hour and worked 10,000 machine hours Required: a. What is the total production cost for April? b. What is the unit cost of the products produced in April? If it is found out there was $ 1.500 over applied overhead what is the actual total production cost for April? C