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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

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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 12,000 Machine-hours 19,000 Direct labor-hours 2,000 8,000 $136,800 $69,600 Total fixed manufacturing overhead cost 1.80 Variable manufacturing overhead per machine-hour S 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 Machining Finishing Job K928 : 10 90 Machine-hours 50 30 Direct labor-hours 415 $775 Direct materials $1,050 $630 Direct labor cost The total job cost for Job K928 is closest to: (Round your intermediate calculations to 2 decimal places.)

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