7) Madole Corporation has two production departments, Forming and Cunted overhea company uses a job-order costing system and compues oredetermined oververhea each production department. The Forming Department's based on ig System and computes a predetermined overhead rate in predetermined overhead rate is auis the Customizing Departments predetermined overhead rate is based on ours At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Forming Customizing 12,000 8,000 19,00 4,000 $119,700 $67.200 ariable manufacturing overhead per machine- our $2.00 Variable manufacturing overhead per direct abor-hour $4.20 During the current month the company started and finished Job K973. The following data were recorded for this job: Job K973 Machine-hours Formin 20 50 irect labor-hours Calculate the estimated total manufacturing overhead for the Forming Department. and totau aerhead appied to Na3