Check my work Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: 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 cont per machine-hour 60,000 30,000 $180,000 1.00 $ 2.00 During the year, Job 550 was started and completed. The following information is available with respect to this job: $ 213 Direct materials Direct labor cost Direct labor-hours Machine-hours Required: 1. Assume that Landen has historically used a plantwide predetermined overhead rate with direct labor-hours as the allocation base. Under this approach: Armuto the nlantida nrorleterminer vorheart rate MacBook Air Saved Help Save & Exit Submit Check my work Required: 1. Assume that Landen has historically used a plantwide predetermined overhead rate with direct labor 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 (additional) of 200% of its total manufacturing cost, what selling price would it establish for Job 550? 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 (additional) of 200% of its total manufacturing cost, what selling price would it 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 Prev 3 of 4 Next > c. If Landen uses a markup percentage (additional) of 200% of its total manufacturi establish for Job 550? (Round your Intermediate calculations to 2 decimal places. Round your Predeter decimal places and all other answers to the nearest whole dollar.) 1. per DLH 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