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Quiz Chpt 2 & 3 0 MNO Corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. The company based

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Quiz Chpt 2 & 3 0 MNO Corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: 10 Total estimated direct labor-hours 50,080 Total estimated fixed manufacturing overhead $285,090 0/2 18 cost points awarded Estimated variable manufacturing overhead per 3.80 Scored direct labor-hour $ Recently, Job P123 was completed with the following characteristics: Total actual direct labor-hours 26 Direct materials $ 710 Direct labor cost $ 500 The amount of overhead applied to Job P123 is closest to: (Round your intermediate calculations to 2 decimal places.)

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