Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PLZ show work I will upvote 6 Moody Corporation uses a job order costing system with a plantwide predetermined overhead rabe based on machine hours.
PLZ show work I will upvote
6 Moody Corporation uses a job order costing system with a plantwide predetermined overhead rabe based on machine hours. At the beginning of the year, the company made the following estimates 2 Machines required to support wtimated production Tacturing overhead coat Wandering overhead cont per natte-hour 114,000 650.000 Required: 1. Compute the plantwide predetermined overhead rate 2. During the your, Job 400 was started and completed. The following information was available with respect to this job Direct materiale Dirbor cost Machine wed 220 33 Compute the total manufacturing cost assigned to Job 400 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 wasting price per unit would it have established for Job 400? Complete this question by entering your answers in the tabs below. Required Required2 Red Requred Compute the wide predetermined overhead rate. (Round your awer to 2 de malce por MH 400. assigned to 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 400? 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 amount.) Total manufacturing cost Compute the total manufacturing cost assigned to Job 400. 3. 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 400? Complete this question by entering your answers in the tabs below. 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 answer to the nearest whole dollar) Unit product cont for Job 400? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 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 400? (Round your answer to the nearest whole dollar.) Seling price per unit (Required 3 Compute the total manufacturing cost assigned to Job 400. 3. 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 400? Complete this question by entering your answers in the tabs below. 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 answer to the nearest whole dollar) Unit product cont for Job 400? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 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 400? (Round your answer to the nearest whole dollar.) Seling price per unit (Required 3 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started