Collin Corporation has two production departments, Machining and Customizing The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates Machine-hours Machining 17,000 Customizing Direct labor-hours 3,000 Total fixed manufacturing overhead cost $ 102,000 15,000 6,000 $ 61,200 Variable manufacturing overhead per machine-hour $1.70 Variable manufacturing overhead per direct labor-hour $ 4.10 During the current month the company started and finished Job 1268. The following data were recorded for this job Job T268: Machine-hours Direct labor-hours Direct materials Direct labor cost Machining 80 Customizing 30 30 50 $ 720 $ 900 $380 $1,500 if the company marks up its manufacturing costs by 40% then the setting price for Job T268 would be closest to: (Round your Intermediate calculations to 2 decimal places.) Multiple Choice $1,932.40 $6,763.40 $4,831.00 O $7.440.00