Dotsero Technology, Inc., has a job-order costing system. The company uses predetermined overhead rates in applying manufacturing overhead cost to individual jobs. The predetermined overhead rate is based on direct labor hours. At the beginning of the most recent year, the company's management made the following estimates for the year.
Direct labor-hours. . . . . . . . . . . . . 20,000
Manufacturing overhead cost. . . . $600,000
Job 243 entered into production on April 1 and was completed on May 12. The company's actual cost records show the following information about the job
Direct labor-hours. . . . . . . . . . . . . . . .........120
Direct materials cost. . . . . . . . . . . . . . . $1,100
Direct labor cost . . . . . . . . . . . . . . . . . $880
Compute the total manufacturing cost of Job 243. Note: "Total manufacturing cost" is the sum of direct materials, direct labor, and applied manufacturing overhead cost.
$10,530
$7,100
$10,240
$11,170
$7,770
$4,950
$10,630
$5,580