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Lotz Corporation has two manufacturing departments-Casting and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Direct materials Direct labor cost Casting machine-hours Finishing machine-hours During the most recent month, the company started and completed two jobs--Job F and Job K. There were no beginning inventories. Data concerning those two jobs follow: Job F $ 14,400 $ 22,500 1,400 3,200 Casting Finishing 2,000 8,000 $ 10,200 $ 1.20 $ 19,200 $ 2.20 Job K $ 7,100 $ 6,600 600 4,800 Total 10,000 $ 29,400 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 50% on manufacturing cost to establish selling prices The calculated selling price for Job F is closest to: Note: Round your intermediate calculations to 2 decimal places.

Lotz Corporation has two manufacturing departments-Casting and Finishing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: .a1 .000 .400 During the most recent month, the company started and completed two jobs-Job F and Job K. There were no beginning inventories. Data concerning those two jobs follow: 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 50% on manufacturing cost to establish selling price The calculated selling price for Job F is closest to: Note: Round your intermediate calculations to 2 decimal places

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