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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
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 126 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
Determine the cost of one bar. You may want to use a job cost sheet.
ob Cost Sheet Batch Number Date Started Number of Cards Produc Direct Material COST Total Direct Labor hours Total Manufacturing overhead Pool Rate/ predetermine Activity Base d overhead. Level of Overhead Cost Pool Cost Driver Rate Cost Driver Assigned Total Cost Summary Direct Material Direct Labor Manufacturing Overhead Total Cost Unit CostStep by Step Solution
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