erti - Outlook IC Sakai : ACCT 22600 02 FA20 x Connect education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A 20 A Saved Jay Corporation has provided the following information: Cost per Period Cost per Unit $4.75 $ 3.70 $1.45 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $18, 200 $1.70 $0.55 $ 4,800 If 8,000 units are sold, the variable cost per unit sold is closest to: Estimated total machine-hours (MHS) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per MH Molding 5,000 $ 18,000 $ 1.50 Assembly 5,000 $ 29,000 $ 3.00 Total 10,000 $ 47,000 During the period, the company started and completed two jobs--Job E and Job M. Data concerning those two jobs follow: Direct materials Direct labor cost Molding machine-hours Assembly machine-hours Job E Job M $13,900 $8,200 $21,400 $8,200 1,250 3,750 1,250 3,750 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 E. (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 E. (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 20% on manufacturing cost to establish selling prices. Calculate the selling price for Job E. (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 Molding 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 Assembly department? (Round your answer to 2 decimal places.)