JE QUESTION 1 Question one: (5 points) Moody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates Machine-hours required to support estimated production 100,000 Fixed manufacturing overhead cost... 5650,000 Variable manufacturing overhead cost per machine-hour $6.00 Required: 1. Compute the predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials $450 Direct labor cost. 5220 Machine-bours used 40 Compute the total manufacturing cost assigned to Job 400, For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac), BI V. Paragraph Arial 14px E T. III A 2