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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 year, the company
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 157,000 Fixed manufacturing overhead cost $ 659,000 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 Direct labor cost Machine hours used $320 $260 36 Compute the total manufacturing cost assigned to Job 400. 3. If Job 400 includes 50 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 4002 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) Predotominod ovethood rato Der MH Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 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 amoun) Total manufacturing cost Required 1 Required 2 Required 3 Required 4 If Job 400 includes 50 units, what is the unit product cost for this job? (Round your intermediate calculations and final answer to the nearest whole dollar) Unit product cost Required 1 Required 2 Required 3 Redbired 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 4002 (Round your intermediate calculations and final answer to the nearest whole dollar) Solling price per und
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