Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates Forming 5,000 Assembly 5,000 Total 10,000 Estimated total machine-hours (MHs) Estimated total fixed manufacturing overhead cost $ 28,00010,500 38,500 Estimated variable manufacturing overhead cost per 1.80 2.60 MH During the most recent month, the company started and completed two jobs-Job B and Job L. There were no beginning inventories. Data concerning those two jobs follow Job B Job L Forming machine-hours 3,400 1,600 Assembly machine- hours 2,000 3,000 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The manufacturing overhead applied to Job L is closest to: (Round your intermediate calculations to 2 decimal places.)