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 155,000 Fixed manufacturing overhead cost $ 654,000 Variable manufacturing overhead cost per machine-hour $ 4.80 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 $ 370 Direct labor cost $ 260 Machine-hours used 36 Compute the total manufacturing cost assigned to Job 400.

3. If Job 400 includes 50 units, what is its unit product cost?

4. If Moody uses a markup percentage of 110% of its total manufacturing cost, then what selling price per unit would it establish for Job 400?