Hamett Corporation has two manufacturing departments-Molding and Assembly. The company used the following data at the During the period, the company started and completed two jobs - Job E and Job M. Data concerning those two jops iunum. 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 piantwide 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 manufocturing 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 usos 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 departmentol predetermined overhead rate in the Molding department? (Round your answer to 2 decimal places.) issume that the company uses departmental predetermined overhead rates with machine-hours as the aliocation base in both production departments. What is the departmenta/ predetermined overhead rate in the Assembly department? (Round your answer to 2 decimal places.) 9. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. How much manufacturing overhead will be opplied to Job E? (Do not round intermediate calculations.) h. Assume that the compary uses departmentai predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the seling price for Job E. (Do not round intermediate calculations.) Hamett Corporation has two manufacturing departments-Molding and Assembly. The company used the following data at the During the period, the company started and completed two jobs - Job E and Job M. Data concerning those two jops iunum. 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 piantwide 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 manufocturing 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 usos 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 departmentol predetermined overhead rate in the Molding department? (Round your answer to 2 decimal places.) issume that the company uses departmental predetermined overhead rates with machine-hours as the aliocation base in both production departments. What is the departmenta/ predetermined overhead rate in the Assembly department? (Round your answer to 2 decimal places.) 9. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. How much manufacturing overhead will be opplied to Job E? (Do not round intermediate calculations.) h. Assume that the compary uses departmentai predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the seling price for Job E. (Do not round intermediate calculations.)
