Panther Corporation has two production departments, Purple and Gold. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Purple Department's predetermined overhead rate is based on machine-hours and the Gold Department's predetermined overheac rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Purple Gold Machine-hours 12,000 15,000 Direct labor-hours 2,000 7,000 Total fixed manufacturing overhead cost $ 138,000 $ 58,100 Variable manufacturing overhead per machine-hour $ 2.3 Variable manufacturing overhead per direct labor $ 3 hour During the current month the company started and finished Job A460. The following data were recorded for this job: Job A460: Purple Gold Machine-hours 80 10 0 3 E 1990 JO 16 ts ho Panther Corporation has two production departments, Purple and Gold. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Purple Department's predetermined overhead rate is based on machine-hours and the Gold Department's predetermined overheac rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Purple Gold Machine-hours 12,000 15,000 Direct labor-hours 2,000 7,000 Total fixed manufacturing overhead cost $ 138,000 $ 58,100 Variable manufacturing overhead per machine-hour $ 2.3 Variable manufacturing overhead per direct labor $ 3 hour During the current month the company started and finished Job A460. The following data were recorded for this job: Job A460: Purple Gold Machine-hours 80 10 0 3 E 1990 JO 16 ts ho