ASP$-592$ Corporation uses Job$-$order costing. At the beginning of the year, it made the following estimates:Direct labor$-$hours required to support estimated productionMachine$-$hours required to support estimated productionFixed manufacturing overhead costVariable manufacturing overhead cost per direct labor$-$hour$150,00075,000$$ $420,000$$ $4\mathrm{.}60$Variable manufacturing overhead cost per machine$-$hour$ $9\mathrm{.}20$During the year, Job $550$ was started and completed. The following information pertains to this job:Direct materialsDirect labor costDirect labor$-$hoursMachine$-$hours$ $195$$$288155$Assume ASP$-592\text{'}$s controller belleves that machine$-$hours is a better allocation base than direct labor$-$hours. Under this approach:If ASP$-592$ uses a markup percentage of $200\%$ of Its total manufacturing cost, its selling price for Job $550$ will be closest to: $($Round your intermediate calculations to $2$ decimal places$)$Multiple Choice$ $1,114$$ $594$$ $557$$ $1,782$