Required information 1 Chapter 2: Applying Excel 2 3 Cost summary for Job 408 Department 4 Milling Assembly 5 Machine-hours 70 4 6 Direct labor-hours 8 40 7 Direct materials cost $ 810 $ 460 8 Direct labor cost $ 152 $ 760 In your worksheet, enter this new data in the cells for Job 407. What is the new selling price for Job 408? 3. Without changing the data for the job from requirement 2 above, what is the selling price for Job 408 if the total number of machine- hours in the Assembly Department increases from 3,000 machine-hours to 4,000 machine-hours? 4. Restore the total number of machine-hours in the Assembly Department to 3,000 machine-hours. And keep the job data the same as it was in Requirement 2. What is the selling price for Job 408 if the total number of direct labor-hours in the Assembly Department decreases from 80,000 direct labor-hours to 40,000 direct labor-hours? Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 4 Restore the total number of machine-hours in the Assembly Department to 3,000 machine-hours. And keep the job data the same as it was in Requirement 2. What is the selling price for Job 408 if the total number of direct labor-hours in the Assembly Department decreases from 80,000 direct labor-hours to 40,000 direct labor-hours? Note: Round your final answer to 2 decimal places.