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Opunui Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhea rates:
Opunui Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhea rates: During the most recent month, the company started and completed two jobs - Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 30% on manufacturing cost to establish selling prices. The calculated selling price for Job A is closest to (Round your intermediate calculations to 2 decimal places.)
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