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Sivret Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead rate

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Sivret Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead rate for the current ye following data Total machine hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine hour 80,000 $624,000 $ 3.10 Recently, Job M598 was completed with the following characteristics: Number of units in the job Total machine-hours Direct materials Direct labor cost 60 300 $9,000 If the company marks up its unit product costs by 40% then the selling price for a unit in Job M598 is closest to (Round your intermediate calculations to 2 decimal places)

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