Moody Corporation uses a job-order costing system with a plant wide 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 153,000 Fixed manufacturing overhead cost $657,000 Variable manufacturing overhead cost per machine-hour $4.90

Required:

1.Compute the plant wide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job:

Direct materials $380

Direct labor cost $260

machine-hours used $35

Compute the total manufacturing cost assigned to Job 400.

3. If Job 400 includes 60 units, what is the unit product cost for this job?

4. If Moody uses a markup percentage of 120% of its total manufacturing cost, then what selling price per unit would it have established for Job 400?