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Corporation has two production departmentsMachining and CustomizingThe company uses job - order costing system and computes a predetermined overhead rate in each production department The

Corporation has two production departmentsMachining and CustomizingThe company uses 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-hoursAt the beginning of the current yearthe company had made the following estimates Machine - hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine -hour Variable manufacturing overhead per direct labor-hour Machining 17,0003,0001.70 Customizing 15,00061,2004.10 During the current month the company started and finished Job T268The following data were recorded for this job Machining Customizing 30 Job T268: Machine-hours Direct labor-hours Direct materials Direct labor cost 3050720380900 the company marks up its manufacturing costs by 40% then the selling price for Job would be closest to

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