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:

Requlred:

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 $550?$

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 Intermedlate colculatlons to $2$ declmol places. Round your Predetermined Overheod Rate answers to $2$ declmal

places and all other answers to the nearest whole dollar.$)$