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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) 9,000 1,400 10,400 Estimated total fixed manufacturing overhead cost $ 36,000 $ 3,920 $ 39,920 Estimated variable manufacturing overhead cost per MH $ 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 Direct materials $ 14,100 $ 7,900 Direct labor cost $ 21,100 $ 7,900 Molding machine-hours 2,700 6,300 Customizing machine-hours 800 600 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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