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Kluth C beginning of the year to calculate predetermined overhead rates: tion has two manufacturing departments-Molding and Customizlng. The company used the following data at

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Kluth C beginning of the year to calculate predetermined overhead rates: tion has two manufacturing departments-Molding and Customizlng. The company used the following data at the 6,000 $15,000 1,200 7,200 Estimated total fixed manufacturing overhead cost $ 2.50 5.00 During the most recent month, the company started and completed two jobs-Job C and Job M. There were no beginning inventories. Data concerning those two jobs follow: Job C Job M $13,700 $7,700 $20,800 $7,600 2,500 3,500 200 1,000 Direct labor cost Customizing machine-hours Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling prices for Job C and for Job M. (Do not round intermediate calculations.)

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