The C&C Candy Company uses machine hours to allocate manufacturing overhead. The company estimates $150,000 worth of manufacturing overhead and 3,000 machine hours.

The batch ticket for Batch 127 reveals the following information:

• 3,000 oz of chocolate at 50 cents per ounce
• 400 hours of direct labor at $15 per hour
• 180 machine hours
• 82,500 candy bars produced

Batch Completed July 16 ,2019

Determine the cost of one bar.