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Landen Corporation uses job-order costing A the beginning of the year, it made the following estimates: During the yeat, Job 550 wis started and completed.

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Landen Corporation uses job-order costing A the beginning of the year, it made the following estimates: During the yeat, Job 550 wis started and completed. The following information pertalns to thus jobs: Required: Under this approach: a. Compute the plantwide predetermined overtiead rate. b. Compule the totai manutactuing cost of Job 550 . c If Landen uses a markup perceritage of 200% of its total manufactuing cost whiat selling price wouldit establish for Job 550 ? 2 Assume Landen's controler belicves that machine-hours is a better allocation bose than decect labor foours. Under this approach: a. Compute the pantwide predetermined oveshead rate. ti. Compute the total manufacturing cost of Job 550 . th Compute the total manufacturing cost of Job 550 . Note: Round your intermedinte caiculations to 2 decimel places, Round your Predetermined Overhend Rere answers to 2 decimal places and ell other answers to the nenrest whole dollar. I. 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 tolal 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 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 manufocturing cost whot selling price would it establish for Job 550 ? Note: Round your intermediate calculotions to 2 decimal ploces. Round your Predetermined Overhead Rate answers to 2 decimal places and oll other answers to the nearest whole dollar

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