Based on the information below, calculate the following:

A) Compute the predetermined manufacturing overhead cost driver rate for each department.

B) Compute the total cost of Product #A273.

Monterey corporation uses departmental cost driver rates to apply manufacturing overhead costs to products. Manufacturing overhead costs are applied based on machine hours in the Machining Department and based on direct labor dollars in the Assembly Department. At the beginning of the year, the following estimates were provided for the upcoming year:

Machining Assembly

Direct labor hours 20,000 40,000

Machine hours 40,000 20,000

Direct labor cost $400,000 $920,000

Manufacturing Overhead costs $440,000 $460,000

The accounting records of the company show the following data for Product #A273:

Machining Assembly

Direct labor hours 50 100

Machine hours 200 50

Direct material cost $2,100 $1,200

Direct labor cost $1,000 $2,300