Landen Corporation uses job$-$order costing. At the beginning of the year, it made the following estimates:During the year, Job $550$ was started and completed. The following information pertains to this Job:$ $201$$ $240155$Required:

Assume 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 Landen's controller belleves 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 $550?$

Note: Round your Intermedlate calculations to $2$ decimal places. Round your Predetermined Overhead Rate answers to $2$ decImal places and all other answers to the nearest whole dollar.

$\backslash$table$[[1.$ Direct labor$-$hours:,,$],[1$a$.$ Predetermined overhead rate,,per DLH$],[1$b$.$ Total manufacturing cost of Job $550,,],[1$c$.$ Selling price,,$],[2.$ Machine$-$hours:,,$],[2$a$.$ Predetermined overhead rate,,per MH$],[2$b$.$ Total manufacturing cost of Job $550,,],[2$c$.$ Selling price,,$]]$Landen Corporation uses job$-$order costing. At the beginning of the year, it made the following estimates:

$\backslash$table$[[$Direct labor$-$hours required to support estimated production,$125,000],[$Machine$-$hours required to support estimated production,$62,500],[$Fixed manufacturing overhead cost,$$350,000$