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	150,000
Fixed manufacturing overhead cost	$ 651,000
Variable manufacturing overhead cost per machine-hour	$ 4.40

Required:

1. Compute the plantwide predetermined overhead rate.
2. During the year, Job 400 was started and completed. The following information pertains to this job:

Direct materials	$ 320
Direct labor cost	$ 250
Machine-hours used	40

Compute the total manufacturing cost assigned to Job 400.

1. If Job 400 includes 50 units, what is its unit product cost?
2. If Moody uses a markup percentage of 120% of its total manufacturing cost, then what selling price per unit would it establish for Job 400?