pls use the work that i provided (the first two images) to solve questions 1-5 ( which should be the last two pics)
EXERCISE 2-12 COMPUTING PREDETERMINED OVERHEAD RATES AND JOB COSTS 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: Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was avaliable with respect to this job: Compute the total manufacturing cost assigned to Job 400 . 3. If Job 400 includes 52 units, what is the unit product cost for this job? 4. If Moody uses a markup percentage of 120% of its total manulacturing cost, then what selling price per unit would it have established for Job 400 ? 1. Estimated variable manufacture overhead: $3.00100,000=$300,000 Estimated total manutacture overhead: $950,000/$100,000 =9.50 per machine hour Total manufacturing cost 3) Unit cost =1040/52=20 4) Selling price =20+(201.2)=44 Compute the total manufacturing cost assigned to Job 400 . 3. If job 400 includes 52 units, what is the unit product cost for this job? Unit Product Costs =20 4. If Moody uses a markup percentage of 120% of its total manufacturing cost, then what selling price per unit would it have established for Job 400 ? Total manufacturing cost =$1040 Markup percentage =$1040+120%=$1248 Selling point =$1040+$1248=$2288 Number of units =52 Selling price per unit =$2288/52=44 Mark Up =20120%=24 Selling price per unit =24+20=44 5. If Moody hired you as a consultant to critique its pricing methodology, what would you say? If total machine hours for all jobs worked of during the year.was 101,000 , calculate total applied overhead for the year. QUESTION 2 If Job 400 contained 100 unis, calculate the unit cost. QUESTION 3 Calculate the lotal manufacturing overhesd assigned to Job 400. QUESTION 4 What is total estimated overhead for the company? The cost driver for this company is A. direct labor hours B. units of production C. direct labor dollars D. machine hours