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Exercise 2-12 (Algo) Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3] Moody Corporation uses a job-order costing system with a plantwide predetermined overhead

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Exercise 2-12 (Algo) Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3] Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Compute the total manufacturing cost assigned to Job 400 . 3. If Job 400 includes 60 units, what is the unit product cost for this job? 4. If Moody uses a markup percentage of 120% of its total manufacturing cost, then twhat selling price per unit would it have established for Job 400 ? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. If Job 400 includes 60 units, what is the unit product cost for this job? (Round your intermediate calculations to the neares whole number and final answer to 2 decimal places.) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. If Moody uses a markup percentage of 120% of its total manufacturing cost, then what selling price per unit would it hav established for Job 400? (Round your intermediate calculations to the nearest whole number and final answer to 2 decim places.)

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