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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:
Required:
Compute the plantwide predetermined overhead rate.
During the year, Job 400 was started and completed. The following information was available with respect to this job:
Compute the total manufacturing cost assigned to Job 400.
If Job 400 includes 60 units, what is the unit product cost for this job?
If Moody uses a markup percentage of 110% of its total manufacturing cost, then what selling price per unit would it
have established for Job 400?
Complete this question by entering your answers in the tabs below.
Required 2
Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.)
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