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

Kluth Corporation has two manufacturing departments--Molding and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Molding Customizing Total Estimated total machine-hours (MHs) 12,000 2,800 14,800 Estimated total fixed manufacturing overhead cost $ 26,400 $ 9,240 $ 35,640 Estimated variable manufacturing overhead cost per MH $ 1.50 $ 2.00 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 Direct materials $ 15,800 $ 9,300 Direct labor cost $ 22,600 $ 9,500 Molding machine-hours 2,500 9,500 Customizing machine-hours 1,800 1,000 Required: 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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