Use the information below to answer the following question(s) :
Pittinger Company manufactures cuckoo clocks and uses an activity-based costing system. Each cuckoo clock consists of 10 separate parts totaling $120 in direct materials, and requires 2.0 hours of machine time to produce. Additional information follows:
-What is the cost of machining per cuckoo clock?
Definitions:
Perpetual Inventory System
An accounting method that records inventory transactions in real-time, providing a continuous account of inventory levels.
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