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Problem 2-16 (Algo) Plantwide Predetermined Overhead Rates; Pricing [LO2-1, LO2-2, LO2-3] Landen Corporation uses a job-order costing system. At the beginning of the year, the

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Problem 2-16 (Algo) Plantwide Predetermined Overhead Rates; Pricing [LO2-1, LO2-2, LO2-3] Landen Corporation uses a job-order costing system. At the beginning of the year, the company mado the following estimates: During the year, 10b550 was started and completed. The following information is available with respect to this job Required: 1. Assurne that Landen has historically used a plantwole predetermined overnead tate with direct fabochours as the whocalien bose Under this apotoach. a. Compute the plantwide predetermaned ovethead rate. b. Cormpate the total mamalacturing cost of Job 550 . c. If Landen ures a markup percentage of 200N of its total manufacturng cosh, what seling proe would at evtabieh for fob 550 ? 2 Asturme that L anden's controller believes that machine hours is a better allocauon bose than drect labochoors. Unoler itwi. appioacty a. Compute the plantwade predetemaned ovenead iate b Colmpute the total manufactiving cast of 706,550 : (Round your intermediete calculetions to 2 decimei pinces. Round your Predetermined Overhesd Raste anywers to 2 decinel ploces and all other answers to the nearest whole doller

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