Forming machine-hour's 2,708 2,366 Customizing machine-hours 4-08 4,669 Required: a. Assume hat the company uses a plantwide predetermined manufacturing overhead rate based on machinehours. Calculate that overhead rate. [Round your answer to 2decimal places.) b. Assume hat the company uses a plantwide predetermined manufacturing overhead rate based on machinehours. 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 machinehours. Calculate the total manufacturing cost assigned to Job L. (Do not round intermediate calculations.) d. Assume hat the company uses a plantwide predetermined manufacturing overhead rate based on machinehours 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 departmen s. What is the departmental predetermined overhead rate in the Forming department? (Round your answer to Zdecimal places.) f. Assume t at the company uses departmental predetermined overhead rates with machinehours 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 hat 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 c. Manufacturing cost d. Selling price F\" Fanning predetermined overhead rate i. Customizing predetermined overhead rate 9. Manufacturing overhead applied job L 'lE paints eBook Hultquist Corporation has two manufacturing departmentseeForming and Customizing. The company used the following data at the beginning ofthe period to calculate predetermined overhead rates: Fol-tiling Customizing Total Estimated total machineehaurs (MHS) 5,099 Lane mime Estimated total fixed manufacturing overhead cost 529.093 512.866 $311390 Estimated variable manufacturing overhead cost per HH $ 2.63 $ 4.88 During the period, the company started and completed twojobseJob C and Job L, Data concerning those twojobs follow: :Ioh ( Job L Direct materials 516,260 5 91 599 Direct labor cost $22,959 $9,966 Farming machinthour's 2,790 2,396 Customixing machine-hour's 460 41599 I Required: a, Assume that the company uses a plantwrde predetermined manufacturing overhead rate based on machineehours Calculate that overhead rate. (Round your answerto Zdecimal places.) b, Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machineehours, 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. Assumethat 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 forJob L (Do not round intermediate calculations.) e. Assume thatlhe 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 Zdecimal places.) f, Assume that the company uses departmental predetermined overhead rates with machineehpurs as the allocation base in both production departments, What is the departmental predetermined overhead rate in the CustomiZing department7 [Round your answer to 2 decimal places.) g, Assume that the company uses departmental predetermined overhead rates with machineehours as the allocation base in both production departments. How much manufacturing overhead will be applied to Job L? (Do not round intermediate calculations.) H Predeiermlned overhead rate _m