please explain.

Answer the following questions using the information below: 14, Bakers Manufacturing uses machine-hours as the only overhead cost-allocation base. The direct cost rate is $3.00 selling price of the product is $20.00. The estimated manufacturing overhead costs are $240,000 and estimated per unit. The 40,000 machine hours. The actual manufacturing overhead costs are $300,000 and actual machi What is the markup as a percentage of cost if each unit requires two machine-hours? 7) C) 33.33% D) 58.73% A) 53.33% E) none of the above B) 66.67% Answer the following questions using the information below: Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 20X3, the following estimates were provided for the coming year Machining 30,000 80,000 $500,000 $420,000 Assembly Direct labor-hours Machine-hours Direct labor cost Manufacturing overhead costs 60,000 20,000 5900,000 240,000 The accounting records of the company show the following data for job :31e Machining Assembly Direct labor-hours Machine-hours Direct material cost Direct labor cost 120 60 5300 100 70 5200 $400 What are the total manufacturing costs of Job #316? A) $880 E) none of the above B) $1,000 C) $715 8) D) $1,595