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Opunul 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:
Opunul 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: 20 Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per machine-hour Molding 6,500 $ 23,000 $ 2.00 Finishing 3,500 $ 4,600 $ 4.00 Total 10,000 $ 27,600 % 01:29:11 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: eBook Direct materials Direct labor cost Molding machine-hours Finishing machine-hours Job A $ 15,800 $ 22,800 2,500 Job M $ 9,500 $ 9,400 4,000 1,000 2,500 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 20% 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.) Multiple Choice O $79,080 $65,900 O $120,500 a O $13,180
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