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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

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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 6,000 $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: Customizing 30 Job T268: Machine-hours Direct labor-hours Direct materials Direct labor cost Machining 80 30 $ 720 $ 900 50 $ 380 $1,500 The total amount of overhead applied in both departments to Job T268 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,331 $616 $715 $2,046

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