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Chapter 2 Unit Praduat Cossing Question ( 2 0 points ) Galactic Corporation Fioed Manulacturing Overhead Cost table [ [ table [ [

Chapter 2 Unit Praduat Cossing Question (20 points)
Galactic Corporation
Fioed Manulacturing Overhead Cost
\table[[\table[[Estimated Total Machine Houns Activity],[x Variable Manulacturing Ovetheas Cost per Mor]],\table[[Machine-Hours],[per Machine-Hour]]],[* Variable Manutacturing Overtead Cost,s,],[Total Merslacturing Overhead Cose,s,$],[Divided by Estimated Total Machine Hours Activity,-,Activity],[=Plantwide Predetermined Overhead Rate,roiv/OI,per Machine-Hour],[2.10b 2026 Total Mentacturing cos,,],[Direct Materials,,],[Direct Laber,,],[Applied Manufacturing Overtead,morv/01,Machine-Hours],[Total Manvisacturing Cost,EON/OI,],[3. Unit Product Cost,\table[[roivfol],[per unit]],units]]
Job 2026 Selling Price
Unit Produet cose
15056 Mariap Cost x1.5
Unit Selling Price (Cost +150x Markup)
Given: Galactic Corporation uses machine-hours to determine its plantwide predetermined overhead rate for its job-order costing system. At the beginning of the year, the company made the following estimates:
Machine-hours required to support estimated production: 600,000
Fixed Manufacturing Overhead Cost: $3,900,000
Variable Manufacturing Overhead Cost per Machine-Hour $18
Required
The plantwise predetermined overhead rate must be computed first. Use either the template to the left or a separate paper or file
During the year, Job 2026 was started and completed. The following information was gathered for this job:
Direct Materisls $2,700
Direct Labor $1,260
Machine-Hours Used 240
Compute the total manufacturing cost assigned to Job 2026. Use either the template to the left or a separate paper or file
If Job 2026 includes 312 units, What is the unit product cost for this job? Use either the template to the left or a separate paper or file.
If Galactic uses a markup percentage of 150% of its unit product cost, then what selling price per unit would it have established for Job 2026? Use either the template to the left or a separate paper or file.
If Galactic asked you to analyze its pricing approach, what would you say? Answer below or on a separate file or screenshot of a sheet of paper.
If Galactic asked you to andyze its pricing approach, what would you say?
Answer below or on a separate file or screenshot of a sheet of paper.
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