beginning of the period to calculate predetermined overhead rates: Eatinated total machibe-boure (Mais) Eotimated total fixed manufaeturing overhead cost Estimsted variable manufacturing overhead eont per moi During the period, the company started and completed two jobs-Job C and Job L. Data concerning those two jobs follow: Required: a. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate that overhead rate. Note: Round your answer to 2 decimal places. b. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Caiculate the amount of manufacturing overhead applied to Job L. Note: Do not round intermediate calculations. c. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the total manufacturing cost assigned to Job L. Note: Do not round intermediate calculations. d. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling price for Job L. Note: Do not round intermediate calculations. e. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. What is the departmental predetermined overhead rate in the forming department? Note: Round your answer to 2 decimal places. t. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. What is the departmental predetermined overhead rate in the Customizing department? Note: Do not round intermediate calculations. c. Assume that the company uses a plantwide predetermined manufacturing overhead rate basec total manufacturing cost assigned to Job L. Note: Do not round intermediate calculations. d. Assume that the company uses a plantwide predetermined manufacturing overhead rate base markup of 20% on manufacturing cost to establish selling prices. Calculate the selling price for Note: Do not round intermediate calculations. e. Assume that the company uses departmental predetermined overhead rates with machine-hou departments. What is the departmental predetermined overhead rate in the forming departme Note: Round your answer to 2 decimal places. f. Assume that the company uses departmental predetermined overhead rates with machine-hou production departments. What is the departmental predetermined overhead rate in the Custon Note: Round your answer to 2 decimal places. g. Assume that the company uses departmental predetermined overhead rates with machine-ho production departments. How much manufacturing overhead will be applied to Job L? Note: Do not round intermedlate calculations. h. Assume that the company uses departmental predtermined overhead rates with machine-ho production departments. Further assume that the company uses a markup of 20% on manufac Calculate the selling price for Job L. Note: Do not round intermediate calculations
