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XYZ Corp has a Molding Department and a Painting Department. The company uses the job costing system and applies OH cost to jobs based on

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XYZ Corp has a Molding Department and a Painting Department. The company uses the job costing system and applies OH cost to jobs based on departmental predetermined overhead rates. The predetermined overhead rate in the Molding Department is based on machine hours, and the rate in the Painting Department is based on direct labor-hours. The company provided the following estimates at the beginning of the year: Molding Painting Direct labor hours 12.000 60.000 Machine-hours. 70,000 8.000 Fixed MOH COST 5497,000 $615,000 Variable MOH per machine-hour $1.50 Variable MOH per direct labor hour $2.00 Job 400 was started and completed during the year. The company's cost records show the follow information Molding Painting Direct labor-hours 30 84 Machine hours 20 Direct materials 5720 $1332 Direct labor cost $525 $1,470 What is the total product cost recorded for Job 4007 110

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