At the beginning of the year, it made the following estimates. Direct labor-hours required to support estimated production Machine-hours required to support estimated production Fixed manufacturing overhead cost Direct materials Direct labor cost Direct labor-hours Variable manufacturing overhead cost per direct labor-hour Variable manufacturing overhead cost per machine-hour During the year, Job 550 was started and completed. The following information pertains to this job: Machine-hours $ 201 $240 15 5 125,000 62,500 $ 350,000 $ 3.80 $ 7.60 Required: 1. Assume Landen has historically used a plantwide predetermined overhead rate with direct labor-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. If Landen uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 550?

During the year. Job 550 was started and completed. The following information pertains to this job: Required: 1. Assume Landen has historically used a plantwde predetermined ovemead rate with direct labor-hours as the allocation base Under this aporoach a Compute the plantwide predetermined ovethead rate b Compute the total manutacturing cost of Jop 550 a Compute the plantwide piedetermined avemead rate b. Compute the totai manufactunng cost of Job 550