EXERCISE 25 Computing Total Job Costs and Unit Product Costs Using Multiple Predetermined Overhad Rates LO2-4 Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $18.00 per direct labor-hour and 110% of direct materials cost, respectively. The company's direct labor wage rate is $16.00 per hour. The following information pertains to Job 700: Required: 1. What is the total manufacturing cost assigned to Job 700 ? 2. If Job 700 consists of 15 units, what is the unit product cost for this job? PROBLEM 319 Multiple Predotermined Overhead Rates; Applying Overhoad LO2-1, LO2-2, LO2-4 High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses a job-order costing system in which departmental predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Molding Department is based on machine-hours, and the rate in the Painting Department is based on direct labor-hours. At the beginning of the year, the company provided the following estimates: EXERCISE 2-12 Computing Predetermined Overhead Rates and Job Costs LO2-1, LO2-2, LO2-3 Mody 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 52 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 what selling price per unit would it have established for Job 400