Landen Corporation uses a job-order costing system At the beginning of the year, the company made the following estimates: During the yeat, Job 550 was started and completed. The following information is available with respect to this job Required: 1. Assume that Landen has historically used o plantwide predetermined overhead rate with direcrlabor-hours as the allocation base. Under this approoch a Compute the plantwioe predetermined overhead rote: b. Compute the totat manutacturing cost of job 550 c. if Landen uses a markup peicemage of 200 s of its total manufocturing cost, whot selling price would it establiah for Job 5507 2. Assume viat Landen's convotier beleves that machine-hours is a better allocation base than direct labor-hours Under this spproach a. Compute vie plartwide predetermined overhead rate. b. Compute the torat menufecturing cost of 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.)