1) Harnett Corporation has two manufacturing departments- -Molding and Assembly. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Holding Assembly Total Estimated total machine-hours 05.000 3.000 10.000 Estimated total fixed manufacturing 29,000 12,500 42.500 1.20 22.30 overhead cost Estimated variable manufacturing overhead cost per machine-hour During the period, the company started and completed two jobs- -Job E and Job M. Data concerning those two jobs follow: Job E Job M Direct materials Direct labor cost 14,300 9,400 $22,000,00 Molding machine-hours 3,400 1.600 3,000 Assembly machine-hours 2,000 Required: a. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate that overhead rate. (Round your answer to 2 decimal places.) b. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the amount of manufacturing overhead applied to Job E. (Do not round intermediate calculations.) c. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the total manufacturing cost assigned to Job E. (Do not round intermediate calculations.) d. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 60% on manufacturing cost to establish selling prices. Calculate the selling price for Job E. (Do not round intermediate calculations.) e. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. What is the departmental predetermined overhead rate in the Molding department? (Round your answer to 2 decimal places.) f. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. What is the departmental predetermined overhead rate in the Assembly department? (Round your answer to 2 decimal places.) g. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. How much manufacturing overhead will be applied to Job E? (Do not round intermediate calculations.) h. 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 60% on manufacturing cost to establish selling prices. Calculate the selling price for Job E. (Do not round intermediate calculations.)