Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Direct labor-hours required to support estimated production 75,000 Machine-hours required to support estimated production 37,500 Fixed manufacturing overhead cost $ 225,000 Variable manufacturing overhead cost per direct labor-hour $ 1.60 Variable manufacturing overhead cost per machine-hour $ 3.20 During the year, Job 550 was started and completed. The following information is available with respect to this job: Direct materials $ 178 Direct labor cost $ 225 Direct labor-hours 15 Machine-hours 5 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.) Wilmington Company has two manufacturing departmentsAssembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is based on estimates from the beginning of the year. The second set of data relates to one particular job completed during the yearJob Bravo. Estimated Data Assembly Fabrication Total Manufacturing overhead costs $ 7,250,000 $ 7,830,000 $ 15,080,000 Direct labor-hours 145,000 87,000 232,000 Machine-hours 58,000 290,000 348,000 Job Bravo Assembly Fabrication Total Direct labor-hours 30 22 52 Machine-hours 22 25 47 Required: 1. If Wilmington used a plantwide predetermined overhead rate based on direct labor-hours, how much manufacturing overhead would be applied to Job Bravo? 2. If Wilmington uses departmental predetermined overhead rates with direct labor-hours as the allocation base in Assembly and machine-hours as the allocation base in Fabrication, how much manufacturing overhead would be applied to Job Bravo? (Round your intermediate calculation to 2 decimal places.)