Required 1. Ase that Landen as fistori istorically used a plantwide predetermined overhead rate with direct labor-hours as the allocation base. Under this approach: a. Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost of Job 550. C. If Landen uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 550? 2. Assume that Landen' s controller believes that machine-hours is a better allocation base than direct labor-hours. Under this eBook approach Print a. Compute the plantwide predetermined overhead rate b. Compute the total manufacturing cost of Job 550. c.lf Landen uses a markup percentage of 200% of its total manufacturing cost, what s (Round your intermediate calculations to 2 decimal places. your Predetermined Overhead Rate answers to 2 decimal decimal places and all ther answers to the nearest whoe dces Round your Predetermined verhead Rate answers to 2 1. Direct labor-hours: overhead rate per DLH Total manufacturing cost of Job 550 ing price Predetermined overhead rate Total manufacturing cost of Job 550 Selling price per MH