Harris. Fabrics computes its plantwide predetermined overhead rate anmually on the basis of direct labor-hours. At the beginning of the year, it estimated that 41,000 direct labor-hours would be required for the period's estimated level of proctuction. The company also estimated $589,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $787,083 and its actual total direct labor was 41,500 hours: Required: Compute the company's piantwide predetermined overhead rate for the year. (Round your answer to 2 decimal ploces.) Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates. During the year, Job 550 was started and completed. The following information is available with respect to this job: Required: 1. Assume that Landen has historically used a plantwide predetermined overhedd rate wath direct labor-hours as the allocation base. Under this approach: a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost of Job 550 . c. If Landen uses a markup percentage of 200% of its total manufacturing cost, what sening price would it establish for Job 550 ? 2. Assume that Landen's controlier believes that machine-hours is a better allocatign base than direct labor-hours. Under this approach: a. Compute the plantwide predetermined overhead tate. b. Compute the total manufacturing cost of Job 550 . c. If Landen uses a markup percentage of 200% of its total manufacturing coet. what selling price would if establish for Job 550 ? (Round your intermediate calculations to 2 decimal ploces. Round your Prederermined Overhead Rate answers to 2 decimel piaces and all other answers to the nearest whole dollar.)