Collini 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: Machining 17,000 3,000 $102,000 $ 1.70 Customizing 15,000 6,080 $61,200 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor- hour $ 4.10 During the current month the company started and finished Job T268. The following data were recorded for this job Machining 30 Job T268: Machine-hours Direct labor-hours Direct materials Direct labor cost 30 Customizing 30 50 $ 380 $1,500 $ 720 $ 900 If the company marks up its manufacturing costs by 40% then the selling price for Job T268 would be closest to: (Round your Intermediate calculations to 2 decimal places.) Multiple Choice O $7,440.00 O $6,763.40 O $4,831.00 O $1,932.40