(b) CovidGo Sdn Bhd is a manufacturer of vaccines for the Asian market. The company uses a job-order costing system. The following are the cost estimates for the year 2022: i and Direct labour-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead cost per direct labour-hour Variable manufacturing overhead cost per machine-hour 140,000 70,000 RM784,000 RM2.00 RM4.00 During the year, Job 777 was started and completed. The following information is available with respect to this job: Direct materials Direct labour cost Direct labour-hours Machine-hours Required: RM175 RM225 15 hours 5 hours CovidGo has for the past years used a plantwide predetermined overhead rate with direct labour-hours as the allocation base. a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost of Job 777. c. If CoxidGo uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 777? (5 marks) CovidGo's cost controller believes that machine-hours is a better allocation base than direct labour- hours. a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost of Job 777. c. If CoxidGo uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 777? Assume that ovidGo's controller is right about machine-hours being a more accurate overhead cost allocation base than direct labour-hours. If the company continues to use direct labour-hours as its only overhead cost allocation base what implications does this have for pricing jobs such as Job 777?