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A 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

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A 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 6500 3500 Total 10,000 $14,000 $4200 $18,200 Estimated total machine-hours (MH) Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead cost per MH cost $ 1.00 $2.00 During the year, the company started and completed two jobs-- Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow: JobA JobM Direct materials $15,800 $ 8300 Direct labor cost $22,600 $ 9500 Molding machine-hours (MHs) 2500 4000 Finishing machine-hours (MHS) 2500 1000 Assume that the company uses a PLANTWIDE predetermined manufacturing overhead rate based on machine-hours (MHs). The total manufacturing cost assigned to Job M is closest to: (Round your intermediate calculations to 2 decimal places.) Hint: add the molding machine hours and the finishing machine hours. $34,650

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