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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 joborder costing system with a plantwide predetermined overhead rate based on machinehours. At the beginning of the year, the company made the following estimates: Machinehours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machinehour $ $ Required: Compute the plantwide predetermined overhead rate. During the year, Job was started and completed. The following information was available with respect to this job: Direct materials Direct labor cost Machinehours used $ $ Compute the total manufacturing cost assigned to Job If Job includes units, what is the unit product cost for this job? If Moody uses a markup percentage of of its total manufacturing cost, then what selling price per unit would it have established for Job Complete this question by entering your answers in the tabs below. Compute the plantwide predetermined overhead rate. Round your answer to decimal places. Predetermined overhead rate per MH please help me answer all parts of this question
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