Question
Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each
Kalp Corporation has two production departments, Machining and Finishing. 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 Finishing 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 1000 Fishing Drech 2.000 fed manufacturing over $ 1000 $ 12.000 8000) 60000 Varete manufacturing overhead per machine nou 180 Vastle manufacturing overhead per direct S 330 During the current month the company started and finished Job K928. The following data were recorded for this job Machine hours Direct mar Or Machining 00 10 20 50 5 775 630 1050 (5) What is the total manufacturing overhead cost applied to the Job K928 from two departments? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1,320 $1.305
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