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 158,000 Fixed manufacturing overhead cost $ 652,000 Variable manufacturing overhead cost per machine-hour $ 4.30 Required: 1. Compute the plantwide 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 $ 370 Direct labor cost $ 220 Machine-hours used 34 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 110% of its total manufacturing cost, then what selling price per unit would it have established for Job 400?

Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.)

Compute the total manufacturing cost assigned to Job 400. (Round your intermediate calculations to 2 decimal places and your final answer to the nearest dollar amount.)

If Job 400 includes 60 units, what is the unit product cost for this job? (Round your answer to the nearest whole dollar.)

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? (Round your answer to the nearest whole dollar.)

Exercise 2-12 Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3] 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 Pixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 158,000 $ 652,000 s 4.30 Required: 1. Compute the plantwide 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 Direct labor cost Machine-hours used $ 370 $ 220 34 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 110% of its total manufacturing cost, then what selling price per unit would it have established for Job 400