8 1 points Landen Corporation uses a job order costing system. At the beginning of the year the company made the following estimates Direct laborehours required to support eated production 65,000 Machine-hours rosired to support estimated production 32,500 Exed manufacturing overbed cost $195.000 Variable sanatoring overhead cost per direct labor-hour $ 1.20 Variable manuseturing overhead cost per machine-bour $ 2.60 During the year, Job 550 was started and completed. The following information is available with respect to this job: Directele $250 Direct labor cost $315 Direct labog-hours 15 5 Required: 1. Assume that Landen hos historically used a plantwide predetermined overhead rate with direct lobor-hours as the allocation base Under this approach a. Compute the plantwide predetermined overhead rate b. Compute the total manufacturing cost of Job 550. c. It Landen uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 5507 2. Assume that tanden's controller believes that machine hours is a better allocation base than direct labor hours. Under this a. Compute the plantwide predetermined overhead rate D. Compute the total manufacturing cost of Job 550 clanden uses a markup percentage of 200% of its total manufacturing cost what selling price would it establish for Job 5507 (Round your intermediate calculations to 2 decimal places. Round your predetermined Overhead Rate answers to 2 decimal places and all other answers to the nearest whole dollar)