Opunui Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at...

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Accounting

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: Finishing 3,500 Total 10,000 $ 3,100 $ 30,100 $ 3.00 Molding Estimated total machine-hours (MHs) 6,500 Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH $ 27,000 $ 1.50 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. Direct materials Direct labor cost Molding machine-hours Finishing machine-hours Multiple Choice Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 30% on manufacturing cost to establish selling prices. The calculated selling price for Job A is closest to: (Round your intermediate calculations to 2 decimal places.) C $60,800 $79,040 Job A $ 14,200 $ 21,400 2,500 2,500 $111,150 Job M $8,000 $ 8,000 4,000 1,000
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160900 120040 Imuso Estinated total nachine-hours (M) tstimated total fixed manufacturing overbead cost tstifuted veriable marnfacturing overthend cost per. IH \begin{tabular}{|c|c|c|} \hline Holdine & Finishing & Total \\ \hline 6,500 & 3,500 & 10;000 \\ \hline \$. 27,090 & 53,100 & 530,100 \\ \hline$1.50 & 53,00 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline & 20bA & Job in \\ \hline Direct materials & 5,14,200 & \$. 5,000 \\ \hline Oirect labor cout & s 21,400 & 4. 8,000? \\ \hline Moldine machine-hours & 2,500 & 4,090 \\ \hline Finkshine machine hours & 2,560 & 1,000 \\ \hline \end{tabular} price for Job A is dotest to. (Round your imerimediate colculations to 2 decimal placen.) whing Gore monos 570040 Mnue sin: 240

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