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 production Fixed manufacturing overhead cost

Variable manufacturing overhead cost per machine$-$hour

$155,000$

$$660,000$

$$4\mathrm{.}30$

Required:

Compute the plantwide predetermined overhead rate.

During the year, Job $400$ was started and completed. The following information pertains to this job:

Direct materials

Direct labor cost

$$360$

$$230$

$33$

Machine$-$hours used

Compute the total manufacturing cost assigned to Job $400.$

$3.$ If Job $400$ includes $50$ units, what is its unit product cost?

$4.$ If Moody uses a markup percentage of $130\%$ of its total manufacturing cost, then what selling price per unit would it establish for Job $400?$

Complete this question by entering your answers in the tabs below.

Required $2$

Required $3$

Required $4$

If Moody uses a markup percentage of $130\%$ of its total manufacturing cost, then what selling price per unit would it establish for Job $400?$

Note: Round your intermediate calculations to the nearest whole number and final answer to $2$ decimal places.

Selling price per unit

$$2,005\mathrm{.}60$