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Hultquist Corporation has two manufacturing departments - Forming and Customizing The company used the following data at the beginning of the period to calculate predetermined

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Hultquist Corporation has two manufacturing departments - Forming and Customizing The company used the following data at the beginning of the period to calculate predetermined overhead rates During the period, the company started and completed two jobs - Job C and Job L Dot conceming those two jobs follow Required: a. Assume that the company uses a plantwide predetermined manufactuning overhead rate uased on machine-hours. Calculate that overhead rate. (Round your answer to 2 decimal places.) b. Assume that the company uses a plantwide predetermined manufacturing overhead rate bosed on machine-hours. Calculate the amount of manufacturing overhead applied to Job L. (Do not round intermediote colculations.) c. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine hours. Caiculate the total manufacturing cost assigned to Job L. (Do not round intermediote calculations.) d. Assume that the company uses a plantwide predetermined manufacturing ovemead rate based on machine-hours and uses a markup of 80% on manufacturing cost to establish selang prices. Calculate the seling price for Job t. (Do not round intermediote calculations.) e. Assume that the company uses departmental predetermined overhead tates with machine hours as the allocation base in both markup of 80% on manufacturing cost to establish selling prices, Calculate the selling price for Job L (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 departmental predetermined overhead rate in the Forming department? (Round your answer to 2 decimal places.) f. Assume that the company uses departmentat predetermined overhead rates with machine-hours as the allocation base in both production departments. What is the departmental predetermined overhead rate in the Customizing department? (Round your answer to 2 decimal places.) g. Assurne that the company uses departmental predetermined overhead rates with machine hours as the ailocation base in both production departments. How much manufacturing overhead will be applied to Job t? (Do not round intermediote calculatione.)

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