ABC Company has two manufacturing departments - Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Machining Customizing Total Estimated total machine-hours (MH) 1,000 4,000 5,000 Estimated total fixed manufacturing overhead cost $4,700 $9.200 $13,900 Estimated variable manufacturing overhead cost per MH $1.10 $2.60 During the most recent month, the company started and completed two jobs --Job J and Job K. There were no beginning inventories. Data concerning those two jobs follow: overhead cost per MA During the most recent month, the company started and completed two jobs Job J and Job K. There were no beginning inventories. Data concerning those two jobs follow: Job ) Job K 700 300 Machining machine-hours Customizing machine-hours 1,606 2.400 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments, The manufacturing overhead applied to Job K is closest to: $11,760 $1,740 $13,716 $13,500 r Guard Panasonic