Skipper Company manufactures toy boats and uses an activity-based costing system. The following information is provided for the month of May:
Each boat consists of four parts, and the direct materials cost per boat is $7.28. There is no direct labor. What is the total manufacturing cost per boat? (Round any intermediate calculations and your final answer to the nearest cent.)
A) $11.26
B) $18.54
C) $2.98
D) $14.16
B) $18.54
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