H4 (similar to 2-12 Lones Company 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 700 was completed. The following information was available with respect to this job: Compute the manufacturing cost assigned to Job 700 . 3. If Job 700 includes 60 units, what is the unit product cost for this job? 4. If Moody uses a markup percentage of 130 of its total manufacturing cost, then what selling price would it have established for Job 400