Question
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 $20,000 $3,600 $23,600
Estimated variable manufacturing overhead cost per MH $3.00 $6.00
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 $14,900 $8,600
Direct labor cost $21,800 $8,800
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 your intermediate calculations to 2 decimal places.)
Multiple Choice
$21,925
$8,800
$39,325
$8,600
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