Reference no: EM132611276

Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates:

                                                                               Molding              Finishing              Total

Estimated total machine-hours (MHs)                4,000                 1,000           5,000

Estimated total fixed manufacturing overhead cost  $30,000           $3,400        $33,400

Estimated variable manufacturing overhead cost per MH  $ 2.00                  $4.00

During the most recent month, the company started and completed two jobs--Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow:

                                               Job A                     Job M

Direct materials                    $14,700                $8,400

Direct labor cost                   $21,600                $8,400

Molding machine-hours               2,700                 1,300

Finishing machine-hours                 400                   600

Problem 1: Assume that the company uses a plant wide predetermined manufacturing overhead rate based on machine-hours. The total manufacturing cost assigned to Job M is closest to: (Round your intermediate calculations to 2 decimal places.)