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Sherman, Inc. manufactures chainsaws that sell for $250. Each chainsaw uses $12 in direct materials and $7 in direct labor per unit. Sherman has two

Sherman, Inc. manufactures chainsaws that sell for $250. Each chainsaw uses $12 in direct materials and $7 in direct labor per unit. Sherman has two activities: Machining, which is applied at the rate of $5 per machine hour, and Finishing, which is applied at the rate of $23 per batch. This month, Sherman made 250 chainsaws, using 816 machine hours in 40 batches. What is the total manufacturing cost for one chainsaw? (Do not round intermediate calculations.)

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