Careful Co. has two manufacturing departments--Machining and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: Machining Assembly Total Estimated total machine-hours (MHs) 2,000 3,000 5,000 Estimated total fixed manufacturing overhead cost $9,400 $8,100 $17,500 Estimated variable manufacturing overhead cost per machine-hour $ 1.80 $ 2.40 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: Job B Job L Direct materials $14,400 $7,100 Direct labor cost $23,500 $6,700 Machining machine-hours 1,400 600 Assembly machine-hours 1,200 1,800 Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 50% on manufacturing cost to establish selling prices. The calculated selling price for Job L is closest to: (Round your intermediate calculations to 2 decimal places.)