20.

Mountain manufacturing is a manufacturer using the job cost method and machine-hours as the overhead application rate for its jobs during the year. The following estimates are provided for the coming year for the company and for the Hiking Club job: Company Hiking Club Direct Materials $60,000 $1,000 Direct Labor $200 $20,000 $30,000 Manufacturing overhead costs Machine-hours 900 machine hours 100,000 machine hours (Drag the correct answer to the blank) What is the annual manufacturing overhead cost-allocation rate per machine hour? What amount of manufacturing overhead costs will be allocated the Hiking Club's job? If Mountain's desired markup on this job is 50%, what price will be quoted for the Hiking Club's job? $0.30 $270 $450 $2,880 $2,205 $30,000 $0.80 None of these is correct None of these is correct None of these is correct $2,475 $33.33 $1,875 $0.50 $720