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Leafon Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production

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Leafon Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine hours and the Customizing Department's predetermined overhead rate is based on direct labor hours. At the beginning of the current year. the company had made the following estimates Casting Customizing Machine-hours (MH) 20,000 16,400 Direct labor-hours (DLH) 7.100 9.000 Total Fixed MOH P 175.000 P165.500 Variable MOH per MH P2.50 Variable MOH per DLH P 9.00 During the current month the company started and finished Job Leaf-118 The following data were recorded for this jobs Job Leaf-118 Casting Customizing 700 Machine-hours 100 450 Direct labor-hours The amount of overhead applied in the CASTING DEPARTMENT to Job Leaf-118 is dosest to? Note: For Interim calculations, use 5 decimal places; ROUND-UP final answer to a whole number

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