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Ch. 2: HW G Saved Help 1 Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the
Ch. 2: HW G Saved Help 1 Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: 1.42 points Machine-hours required to support estimated production Pixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 151,000 $651,000 $4.60 Required 1. Compute the plantwide predetermined overhead rate 2. During the year, Job 400 was started and completed. The following information was available with respect to this job eBook Print Direct materials Direct labor cost Machine-hours used 380 260 38 References Compute the total manufacturing cost assigned to Job 400 3. If Job 400 includes 60 units, what is the unit product cost for this job? 4. If Moody uses a markup percentage of 130% of its total manufacturing cost, then what selling price per unit would it have established for Job 400
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