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Tiff Corporation has two production departments, Casting and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: During the current month the company started and finished Job P131. The following data were recorded for this job: The amount of overheod applied in the Assembly Department to Job P131 is closest to: Note: Round your intermediate calculations to 2 decimal places. Multiple Choice $228.00 $65,500.00 $786.00 $558.00
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