Strawberry Corporation has two manufacturing departmentsForming and Finishing. The company used the following data at the beginning of the period to calculate predetermined overhead rates:

		Forming		Finishing
Estimated total machine-hours (MHs)		5650
Estimated total labor hours				3590
Estimated total fixed manufacturing overhead cost	$	10170	$	21540
Estimated variable manufacturing overhead cost per MH	$	2
Estimated variable manufacturing overhead cost per LH				3.60

During the most recent period, the company started and completed two jobs: Job B and Job K. There were no beginning inventories. Data concerning those two jobs follow:

		Job B		Job K
Direct materials	$	20,400	$	8,600
Direct labor costs	$	22,600	$	81,000
Forming machine hours		3,000		2,650
Finishing machine hours		390		3,200

Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments.

During the period the company sold Job K for $237310 and Job B is unsold. The actual overhead for both departments for the period was $59134. The company closes any under/over applied overhead to the cost of goods sold at the end of every period.

How was the total cost manufacture Job K?

What was the periods gross margin?