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Direct labor-hours required to support estimated production Machine-hours required to support estimated 140,000 70, 000 $784, 000 $ 2.00 $4.00 Fixed nanufacturing overhead cost Variable

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Direct labor-hours required to support estimated production Machine-hours required to support estimated 140,000 70, 000 $784, 000 $ 2.00 $4.00 Fixed nanufacturing overhead cost Variable manufacturing overhead cost per direct labor-hour Variable manufacturing overhead cost per During the year, Job 550 was started and completed. The following Information is available with respect to this job: Direct materials$175 Direct labor $225 Direct labor- 15 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.H Landen uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 550 2. Assume that Landen's controller belleves 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.H Landen uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish 10r 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. 1. Direct labor-hours: per DLH a. Predetermined overhead rate Total manufacturing cost of D. Job 550 c. Selli per MH a. Predetermined overhead rate Total manufacturing cost D.Job 550 c. Selli

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