Project Help Save&Exit Submit Check my work TB Problem Qu. 2-272 Kluth Corporation has two manufacturing Kluth Corporation has two manufacturing departments-Molding and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Customizing Total 11,000 3,700 14,700 Estimated total machine-hours (MBs Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH $38,500 $14,430 $52,930 $ 3.00 $ 5.00 During the most recent month, the company started and completed two jobs-Job C and Job M. There were no beginning inventories. Data concerning those two jobs follow Direct materials Direct labor cost Molding nachine-hours Customizing machine-hours Job c Job M $16,800 $10,100 $23,500 $10,400 2,500 8,500 2,700 ,000 Required Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling prices for Job C and for Job M. (Do not round intermediate calculations.) FS F7 Fa F9 FVO F11 5 0