q14

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14 A company has two production departments, Department 1 and Department 2. The company uses a job-order costing system and computers predetermined overhead rate in each production department Departments l's predetermined overhead rate is based on machine-hours (MH) und Department 2's predetermined overhead rate is based on direct labor-hours (DLH). At the beginning of the current year, the company had made the following estimates: Machine-hours Direct labor-hours Total Fixed MOH Variable MOH per MH Variable MOH per DLH Dept 1 19,000 4,000 129,200 1.60 Dept 2 15,000 8,000 $ 77,600 $ 3.00 During the period, the company completed a job with the following results: Actual for Job X: Dept 1 Dept2 Machine-hours 80 10 Direct-labor hours 30 40 Direct Materials S 730 380 Direct Labor $ 900 1,200 If the company marks up its manufacturing costs by 15% then the selling price for Job X (rounded to the nearest cent) would be closest to: A. $ 5,246,30 B. $ 1,357.00 C. $ 5,048.50 D. $ 5,583.25 None of the above is correct