Pocono Cement Forms expects $1,120,000 in overhead during the next year. It does not know whether it should apply overhead on the basis of its anticipated direct labor hours of 70,000 or its expected machine hours of 35,000.

Determine the product cost under each predetermined allocation rate if the last job incurred $1,530 in direct material cost, 84 direct labor hours, and 70 machine hours. Wages are paid at $18 per hour.

	Labor Hours	Machine hours
Cost of the job	$fill in the blank 1	$fill in the blank 2