Riverview Company's budget for the coming year includes $6,000,000 for manufacturing overhead costs, 50,000 hours of direct labor, 250,000 hours of machine time, and 750,000 pounds of material expected to be used. If Riverview applies overhead using a predetermined rate based on machine hours, what amount of overhead will be assigned to a unit of output which requires 0.5 machine hours, 0.25 labor hours and 2 pounds of material to complete? Yummy Cocoa uses a process costing system with two processing departments: Mixing and Packaging Departments. Work in process inventories are reduced to zero each month. In June, the Mixing Department incurred manufacturing costs of $12,000 to mix 40,000 gallons of chocolate. The Packaging Department incurred manufacturing costs of $35,700. A total of 53,000 chocolate bars were transferred to the finished goods warehouse during the month. Yummy sold 35,000 chocolate bars in the month of June for $70,000. What was the cost of goods sold for that month