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Problem # 1 The Solomon Company uses a job - costing system at its Dover, Delaware, plant. The plant has a machining department and a

Problem #1The Solomon Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Solomon uses normal e direct manufacturing labor) and two manufacturing overhead cost pools (the machining department with machine-hours as the allocation base and the finishing degar base). The current year budget for the plant is as follows:coManufacturing Overhead CostsDirect Manufacturing Labor Costs Direct Manufacturing Labor HoursMachine Hours10REQUIRED:1. What is the budgeted manufacturing overhead rate in the machining department? In the finishing department?2. Compute the total manufacturing overhead cost allocated to Job 999 if its job cost record shows the following:1112131415161718Machining800.000675,00015,00025,000Finishing Dept.S225,000375,00035,00010,000MachiningSFinishing Dept.S8,000750 $301502,0005005020Direct Materials UsedDirect Manufacturing Labor Costs Direct Manufacturing Labor HoursMachine Hours3. Assuming that Job 999 consisted of 500 units of product, what is the cost per unit?

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