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Moody Cooporation uses a job - order costing system with a plantwide predetermined overhead rate based on machine - hours. At the beginning of the

Moody Cooporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates:
Machine-hours equired to support estimated production 100,000
Fixed manufacturing overhead cost $ 650,000
Variable manufacturing ovehead cost per machine-hour $3
2. During the year, Job 400 was started and completed. The following information pertains to this job:
Direct materials $450
Direct labor cost $210
Machine-hours used 40
Compute the total manufacturing cost assignment to Job
400
3. If Job 400 includes 52 units, what is its units product cost?
4.If Moody uses a markup percentage of 120%of its total manufacturing cost, then what selling price per unit would it establish for Job400?

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