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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:

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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: Estimated total machine-hours (MBn) Estimated total fixed nanufacturing overhead cont Estimated variable manufacturing overhead cont per M Molding Cuatomizing 9,000 $36,000 $ 2.50 3,600 $13,320 $ 3.00 Total 12,600 $49,320 During the most recent month, the company started and completed two jobs-Job C and Job M. Data concerning those two jobs follow There were no beginning inventoriles. Job c $16,700 9,900 $23,400 10,300 2,700 3,000 Job M Direct materials Direct labor cost Molding machine-hours Customizing machine-hours 6,300 600 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.) Selling price for Job C Selling price for Job M

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