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,, ' Molding Assembly Total Estimated total machinehours (MHs) 7,000 3,000 10,000 ' Estimated total fixed manufacturing overhead cost . $ 56,000 $ 11,700 $ 67,700 Estimated variable manufacturing overhead cost per MH $ 2.50 $ 5.00 r. .. ) During the period, the company started and completed two jobsdob E and Job M. Data concerning those two jobs follow: 7- Job E Job M Direct materials $21,400 $8,000 Direct labor cost $23,600 $8,500 Molding machinehours 1,250 5,750 Assembly machinehours 1,250 1,750 MW Required: a. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machinehours. Calculate that overhead rate. (Round your answer to 2 decimal places.) b. Assume that the company uses a plantwide 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 manufacturing overhead rate based on machiEehours. Calculate the total manufacturing cost assigned to Job E. (Do not round intermediate calculations.) d. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machinehours and uses a markup of 20% on manufacturing cost to establish sellin 9 prices. Calculate the selling price for Job E. (Do not round intermediate oalculations.) e. Assume that the 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 Molding department? (Round your answer to 2 decimal places.) f. Assume that 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 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 applied to Job E? (Do not round intermediate calculations.) h. Assume that the company uses departmental 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 selling price for Job E. (Do not round intermediate calculations.)