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

Moody Corporation 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 required to support estimated production151,000Fixed manufacturing overhead cost$ 658,000Variable manufacturing overhead cost per machine-hour$ 4.60Required:Compute the plantwide predetermined overhead rate.During the year, Job 400 was started and completed. The following information pertains to this job:Direct materials$ 390Direct labor cost$ 280Machine-hours used38Compute the total manufacturing cost assigned to Job 400.If Job 400 includes 50 units, what is its unit product cost?If Moody uses a markup percentage of 130% of its total manufacturing cost, then what selling price per unit would it establish for Job 400?

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