what would the selling price be for each one?

Kluth Corporation has two manufacturing departments--Molding and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MH) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Molding Customizing 11,000 1,500 $38,500 $4,200 $ 3.00 $ 6.00 Total 12,500 $42,700 During the most recent month, the company started and completed two jobs--Job C and Job M. There were no beginning inventories. Data concerning those two jobs follow- Direct materials Direct labor cost Molding machine-hours Customizing machine-hours Job Job M $14,300 $ 8,000 $21,200 $ 8,100 2,500 8,500 500 1,000 Required: Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling prices for Job C and for Job M (Do not round intermediate calculations.) Selling price for Job C Selling price for Job M