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Morataya Corporation has two manufacturing departments-Machining and Assembly. The company used the following data at the beginning. of the year to calculate predetermined overhead
Morataya Corporation has two manufacturing departments-Machining and Assembly. The company used the following data at the beginning. of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per machine-hour Machining 7,000 $ 39,200 $ 1.90 Assembly 3,000 $ 6,600 $ 2.10 Total 10,000 $ 45,800 During the most recent month, the company started and completed two jobs-Job B and Job G. There were no beginning inventories. Data concerning those two jobs follow: Direct materials Direct labor cost Machining machine-hours Assembly machine-hours Job B $ 14,800 Job G $ 8,300 $ 22,000 $ 8,900 2,200 1,800 4,800 1,200 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The amount of manufacturing overhead applied to Job G is closest to: (Round your intermediate calculations to 2 decimal places.)
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