Check my wo 2 Landen Corporation uses a job-order costing system. At the beginning of the year, the company made following estimates: 1 points Direct labor-hours required to support estimated production Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per direct labor-hour Variable manufacturing overhead cost per machine-hour 160,000 80,000 $480,000 $ 5.00 $ 10.00 03:25:40 During the year, Job 550 was started and completed. The following information is available with respe this job: eBook 0 Direct materials Direct labor cost Direct labor-hours Machine-hours $ 240 $ 233 15 5 Files Print Required: 1. Assume that Landen has historically used a plantwide predetermined overhead rate with direct labo 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 woul establish for Job 550? References 2. Assume that Landen's controller believes that machine-hours is a better allocation base than direct labor-hours. 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% its total manufacturing cost, what selling price woul establish for Job 550? (Round your intermediate calculations to 2 decimal places. Round your "Predetermined Overhead Rate" answers to 2 decimal places and all other answers to the nearest whole dollar.) per DLH 1. Direct labor-hours: a. Predetermined overhead rate b. Total manufacturing cost of Job 550 c. Selling price 2. Machine-hours: a. Predetermined overhead rate b. Total manufacturing cost of Job 550 c. Selling price per MH