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Maria Company uses a job order costing system with a plantwide overhead rate on machine-hours. At the beginning of the year, the company made the

Maria Company uses a job order costing system with a plantwide overhead rate on machine-hours. At the beginning of the year, the company made the following estimates:

Machine Hours estimated to support estimated production

210,000

Fixed manufacturing overhead cost

$3,360,000.00

Variable manufacturing overhead cost per machine-hour

$ 2.00

During the year, Job P90 was started, completed, and sold to the customer. The following information was available with respect to this job.

Direct materials

$1,564.00

Direct labor cost

$1,122.00

Machine-hours used

81

Required:

a. Compute the plantwide predetermined overhead rate.

b. Compute the total manufacturing overhead assigned to Job P90.

c. Compute the unit product cost of Job P90.

d. If the company uses a markup of 50%, compute the selling price for Job P90.

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