#1 need help
TB Problem Qu. 2-267 (Algo) Harnett Corporation has two manufacturing... 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: During the period, the company started and completed two jobs--Job E and Job M. Data concerning those two jobs follow: Required: a. Assume that the company uses a plantwide predetermined manufocturing 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 manufocturing 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 20% on manufocturing cost to establish seling prices. Calculate the selling price for Job E. (Do not round intermediate calculations.) e. Assume thot the company uses departmenta/ 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.) 1. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both peoduction departments. What is the departimental predetermined overhead rate in the Assembly deportment? (Round your answer to 2 decimal places.) g. Assume that the company uses departmentaj predetermined overhead rates with machine-hours as the allocation base in both production departments. How much manufacturing overhead will be opplied to Job E ? (Do not round intermediate calculations.) h. Assume that the compony uses departmental predetermined overhead rates with machine-hours as the aliocation base in both production departments. Further ossume that the company uses a markup of 20% on manufacturing cost to establish seling prices. 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 20% 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 overthead will be applied to Job E? (Do not round intermediate calculations.) h. Assume that the company uses departmenta/ predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 20% on manufacturing cost to establish selling prices Calculate the selling price for Job E. (Do not round intermediate calculations.)
