(ACADEMIC) E-LEARNING SERVICES - SQU LIBRARIES SQU PORTAL ATTENDANCE Hestion 2 Tumeiert 120 Oman Marble Company has two processing departments, Cutting and Polishing. The company uses a multiple predetermined overhead rate in each processing department under job-order costing system. The Cutting Department's predetermined overhead rate is based on machine-hours and the Polishing Department's predetermined overhead rate is based on direct labor cost. At the beginning of the current period, the company records show the following estimated information: Fir Polishing Cutting SI 20 tion Direct Labor cost per hour 40 Direct labor-hours 5,000 10,000 5,000 20,000 $ 100,000 $ 40,000 Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour $ 5 $ 8 During the current period the company started and finished a job order number 3122. The job cost sheet shows the following data for this job: Cutting Polishing 20 90 J63122 Machine hours Direct labor hours birect materials 30 60 $ 850 $ 250 $ 900 $ 2.000 Direct laboccost The totaljob cost for Jobo 122 is closest to O 54000 $ 5,620 $5.500 dNone of the given