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) 7,000 3,800 10,800

Estimated total fixed manufacturing overhead cost $18,200 $7,600 $25,800

Estimated variable manufacturing overhead cost per MH $1.50 $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 $16,900 $10,300

Direct labor cost $23,600 $10,600

Molding machine-hours 1,250 2,000

Customizing machine-hours 1,250 500

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.)

Selling Price for Job C=

Selling Price for Job M=