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During the period, the company started and completed two jobs-Job C and Job L. Data concerning those two jobs follow Direct materials Direct labor

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During the period, the company started and completed two jobs-Job C and Job L. Data concerning those two jobs follow Direct materials Direct labor cost Forming machine-hours Customizing machine-hours Job C Job L $15,400 $9,700 $23,100 $10,100 2,500 3,500 2,500 1,500 Required: a. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate that overhead rate. (Round your answer to 2 decimal places.) b. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the amount of manufacturing overhead applied to Job L. (Do not round intermediate calculations.) c. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the total manufacturing cost assigned to Job L (Do not round intermediate calculations.) d. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 80% on manufacturing cost to establish selling prices. Calculate the selling price for Job L (Do not round intermediate calculations.) e. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments What is the departmental predetermined overhead rate in the Forming department? (Round your answer to 2 decimal places.) 1. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. What is the departmental predetermined overhead rate in the Customizing department? (Round your answer to 2 decimal places.) g. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. How much manufacturing overhead will be applied to Job L? (Do not round intermediate calculations.) a Predetermined overhead rate b. Manufacturing overhead applied Manufacturing cost d Selling price per MH Forming predetermined overhead rate per MH 0 Customizing predetermined overhead rate per MH 9 Manufacturing overhead applied job L

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