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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 overhead 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 overhead rates:

Molding Finishing Total
Estimated total machine-hours (MHs) 3,250 1,750 5,000
Estimated total fixed manufacturing overhead cost $ 16,000 $ 3,200 $ 19,200
Estimated variable manufacturing overhead cost per MH $ 1.50 $ 3.00

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:

Job A Job M
Direct materials $ 14,500 $ 8,200
Direct labor cost $ 21,400 $ 8,200
Molding machine-hours 1,250 2,000
Finishing machine-hours 1,250 500

Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round "Predetermined overhead rate" to 2 decimal places.)

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