Kalp Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system...

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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 Finishing Machine-hours Direct labor-hours 19,000 2,000 12,000 Total fixed manufacturing overhead cost $136,800 8,000 $69,600 Variable manufacturing overhead per machine-hour $ 1.80 Variable manufacturing overhead per direct labor-hour $ 3.20 During the current month the company started and finished Job K928. The following data were recorded for this job: 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 Finishing Machine-hours Direct labor-hours 19,000 2,000 12,000 Total fixed manufacturing overhead cost $136,800 8,000 $69,600 Variable manufacturing overhead per machine-hour $ 1.80 Variable manufacturing overhead per direct labor-hour $ 3.20 During the current month the company started and finished Job K928. The following data were recorded for this job: