Question: Help Save & Exit Submit Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year
Help Save & Exit Submit Opunul Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates Molding Finishing Total Estimated total machine-hours (MHS) 6,500 3,500 10,000 Estimated total fixed manufacturing overhead cost $ 20,000 $ 5,000 $ 25,000 Estimated variable manufacturing overhead cost per M $ 2.50 $ 5.00 During the most recent month, the company started and completed two jobs-Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow Direct materials Direct labor cost Molding machine-hours Finishing machine-hours Job $ 16,800 $ 23,500 2,500 2,500 Job M $ 10,100 $ 10,400 4,000 1,000 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job Mis closest to (Round your intermediate calculations to 2 decimal places.)
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