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moody corportation uses a job - costing system with a plantwide predetermined rate based on machine hours. at the beginning of the year the compant

moody corportation uses a job-costing system with a plantwide predetermined rate based on machine hours. at the beginning of the year the compant made the following estimates.
machine hours required to support estimated production 160,000
fixed manufacturing overhead cost $650,000
variable manufacturing overhead cost per machine hour $4.20
1. compute the plantwide predeteremined overhead rate.
2. during the year, job 400 was started and completed. the following information pertains to this job:
direct materials $360
direct labor costs $290
machine hours used 38
compute the total manufacturing cost assigned to job 400
3. if job 400 includes 60 units what is its unit product cost?
4. if moody uses a markup percentage of 120% of its toal manufacturing cost, then what selling price per unit would it establish for job 400?

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