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A company uses a job-order costing system and has two manufacturing departments - Assembly and Packaging. The company provided the following estimates for the year:

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A company uses a job-order costing system and has two manufacturing departments - Assembly and Packaging. The company provided the following estimates for the year: Assembly Packaging Total Machine hours 25,000 34,000 59,000 Fixed manufacturing $800,000 overhead $260,000 $1,060,000 $4.00 $1.00 Variable manufacturing cost per machine hour During the year, the company had no beginning or ending inventories and it started, completed, and sold only two jobs - Job A-100 and Job B-250. It provided the following information related to those two jobs: A-100 Assembly Total Packaging $320,000 Direct materials cost $370,000 $200,000 $120,000 Direct labor cost Machine-hours S690,000 $320,000 25,000 15,000 10,000 B-250 Assembly Packaging Total Direct materials cost $260,000 $500,000 $400,000 Direct labor cost $240,000 $280,000 24,000 $120,000 Machine-hours 10,000 34,000 The company had no underapplied or overapplied manufacturing overhead during the year A-100 Assembly Packaging Total Direct materials cost $370,000 $320,000 $690,000 Direct labor cost $200,000 $120,000 $320,000 Machine-hours 15,000 10,000 25,000 B-250 Assembly Packaging Total Direct materials cost $260,000 $240,000 $500,000 Direct labor cost" $120,000 $280,000 $400,000 Machine-hours 10,000 24,000 34,000 The company had no underapplied or overapplied manufacturing overhead during the year. 1. Assume that the company uses a plantwide predetermined overhead rate based on machine hours. If the company established prices at 125% markup on cost, what price would be charged to Job B-2502 2. Assume that the company uses departmental predetermined overhead rates based on machine hours. How much is the total manufacturing cost assigned to B-250 using departmental rates

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