Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 35,000 direct laborhours would be required for the period's estimated level of production. The company also estimated $560,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $4.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $768,575 and its actual total direct labor was 35,500 hours. Required: Compute the company's plantwide predetermined overhead rate for the year. (Round your answer to 2 decimal places.) Luthan Company uses a plantwide predetermined overhead rate of $22.30 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $267,600 of total manufacturing overhead cost for an estimated activity level of 12,000 direct laborhours. The company incurred actual total manufacturing overhead cost of $269,000 and 11,800 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead cost that would have been applied to all jobs during the period. Newhard Company assigns overhead cost to jobs on the basis of 112% of direct labor cost. The job cost sheet for Job 313 includes $27,976 in direct materials cost and $10,200 in direct labor cost. A total of 1,550 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313 ? b. What is the unit product cost for Job 313 ? Hahn Company uses a job-order costing system. Its plantwide predetermined overhead rate uses direct labor-hours as the allocation base. The company pays its direct laborers $19.00 per hour. During the year, the company started and completed only two jobsJob Alpha, which used 63,400 direct labor-hours, and Job Omega. The job cost sheets for these two jobs are shown below: Required: 1. Calculate the plantwide predetermined overhead rate. 2. Complete the job cost sheet for Job Alpha. Complete this question by entering your answers in the tabs below. Calculate the plantwide predetermined overhead rate. (Round your answer to 2 decimal plac \begin{tabular}{|l|l|} \hline Direct materials & \\ \hline Direct labor & \\ \hline Manufacturing overhead applied & \\ \hline Total job cost & \\ \hline \end{tabular} Required: 1. Assume that Landen has historically used a plantwide predetermined overhead rate with 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 selling price would it establish for Job 550 ? 2. Assume that Landen's controller believes that machine-hours is a better allocation base than direct labor-hours. 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 selling price would it establish for Job 550 ? (Round your intermediate calculations to 2 decimal places. Round your Predetermined Overhead Rate answers to 2 decimal places and all other answers to the nearest whole dollar.) \begin{tabular}{|l|l|l|} \hline 1. Direct labor-hours: & & \\ \hline 1a. Predetermined overhead rate & & per DLH \\ \hline 1b. Total manufacturing cost of Job 550 & & \\ \hline 1c. Selling price & & \\ \hline 2. Machine-hours: & & \\ \hline 2a. Predetermined overhead rate & & per MH \\ \hline 2b. Total manufacturing cost of Job 550 & & \\ \hline 2c. Selling price & & \\ \hline \end{tabular}