Malakan Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing 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: MachiningFinishingMachine-hours 18,000 11,000Direct labor-hours 2,000 9,000Total fixed manufacturing overhead cost$102,600$96,300Variable manufacturing overhead per machine-hour$2.10 Variable manufacturing overhead per direct labor-hour $3.90 During the current month the company started and finished Job K368. The following data were
recorded for this job: Job K368:Machining FinishingMachine-hours80 30Direct labor-hours20 40 The amount of overhead applied in the Machining Department to Job K368 is closest to:
A. $168.00
B. $140,400.00
C. $856.00
D. $624.00
Answer: D
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