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Tancredi Corporation has two manufacturing departments--Machining and Customizing. 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 During the most recent month, the company started and completed two jobs-Job E and Job J. There were no beginning inventories. Data concerning those two jobs follow: Machining machine-hours Customizing machine-hours $ $ Job E 12,800 17,600 3,400 2,000 Machining Customizing 5,000 $ 22,000 $ 1.80 5,000 $ 11,500 $ 3.00 Job J $ 7,000 $ 7,700 1,600 3,000 Total 10,000 $ 33,500 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. If both jobs are sold during the month, the company's cost of goods sold for the month would be closest to: Note: Round your intermediate calculations to 2 decimal places.

Tancredi Corporation has two manufacturing departments-Machining and Customizing. The company used the following data at the beginning of the year to calculate predetermined overhead rates: During the most recent month, the company started and completed two jobs--Job E and Job J. There were no beginning inventories. Data concerning those two jobs follow: Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours, If both jobs are sold during the nonth, the company's cost of goods sold for the month would be closest to: Vote: Round your intermediate calculations to 2 decimal places

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