Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (Mila) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MI Forning machine-hours Assembly machine-hours Job A 3,400 2,000 3,000 Job L 1,600 $9,400 $25,160 $32,670 $34,560 $ 0 Porming 5,000 20,000 1.80 $ During the most recent month, the company started and completed two jobs--Job B and Job L. There were no beginning inventories. Data concerning those two jobs follow: Assembly 5,000 10,500 2.60 $ Total 10,000 38,500 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The manufacturing overhead applied to Job B is closest to:

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Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate
predetermined overhead rates:
Estimated total machine-hours (Mila)
Estimated total fixed manufacturing overhead cost
Estimated variable manufacturing overhead cost per Mil
Torming machine-hours
Assembly machine-hours
Job A
3,400
2,000
$9,400
$25,160
$32,670
$34,560
$
$
Job L
1,600
3,000
Forming
5,000
28,000
1.80
During the most recent month, the company started and completed two jobs--Job B and Job L. There were no beginning inventories. Data concerning those two
jobs follow:
$
$
Assembly
5,000
10,500
2.60
Total
10,000
$ 38,500
Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The
manufacturing overhead applied to Job B is closest to:
Transcribed Image Text:Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Estimated total machine-hours (Mila) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per Mil Torming machine-hours Assembly machine-hours Job A 3,400 2,000 $9,400 $25,160 $32,670 $34,560 $ $ Job L 1,600 3,000 Forming 5,000 28,000 1.80 During the most recent month, the company started and completed two jobs--Job B and Job L. There were no beginning inventories. Data concerning those two jobs follow: $ $ Assembly 5,000 10,500 2.60 Total 10,000 $ 38,500 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. The manufacturing overhead applied to Job B is closest to:
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