Required information [The following information applies to the questions displayed below.) The Gilster Company, a machine tooling firm, has several plants. One plant, located in St. Cloud, Minnesota, uses a job order costing system for its batch production processes. The St. Cloud plant has two departments through which most jobs pass. Plant-wide overhead, which includes the plant manager's salary, accounting personnel, cafeteria, and human resources, is budgeted at $300,000. During the past year, actual plantwide overhead was $244.000. Each department's overhead consists primarily of depreciation and other machine-related expenses. Selected budgeted and actual data from the St. Cloud plant for the past year are as follows. Department A Department B $ 109,200 132,000 $ 567,000 585,000 Budgeted department overhead (excludes plantwide overhead) Actual department overhead Expected total activity: Direct labor hours Machine-hours Actual activity: Direct labor hours Machine-hours 58,000 14,000 15,000 54,000 60,000 14,700 14,000 56,000 For the coming year, the accountants at the St. Cloud plant are in the process of helping the sales force create bids for several jobs. Projected data pertaining only to job no. 110 are as follows. $22,000 Direct materials Direct labor cost: Department A (2,600 hr) Department B (800 hr) Machine-hours projected: Department A Department B Units produced 39,000 12,400 110 1,200 13,000 Required: a-1. Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. a-2. What is the expected cost per unit produced for job no. 110? Complete this question by entering your answers in the tabs below. Req A1 Reg A2 Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. (Round your answer to 2 decimal places.) Overhead rate $ 13.37 per direct labor hour Required: a-1. Assume the St. Cloud plant uses a single plantwide overhead rate to assign all overhead (plantwide and department) costs to jobs. Use expected total direct labor hours to compute the overhead rate. a-2. What is the expected cost per unit produced for job no. 110? Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 What is the expected cost per unit produced for job no. 110? (Round your intermediate calculations and final answer to 2 decimal places.) Manufacturing costs for Job 110 $ 9.14 per unit b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department A and Department B. b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. Req B1 Req B2 Req B3 Find the department overhead rate using expected machine hours for Department A and Department B. (Round your answer to 2 decimal places.) $ Overhead rate-Department A Overhead rate-Department B 7.80 per machine hour 10.50 per machine hour $ Assume the St. Cloud plant uses three separate overhead rates to assign overhead costs to jobs. b-1. Find the plant wide overhead rate by using expected machine hours. b-2. Find the department overhead rate using expected machine hours for Department A and Department B. b-3. Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. Complete this question by entering your answers in the tabs below. Req B1 Req B2 Reg B3 Calculate the projected manufacturing costs per unit for job 110 using the three separate rates computed in b-1 and b-2. (Round your intermediate calculations and final answer to 2 decimal places.) Manufacturing costs for job 110 $ 7.13 per unit C-1. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 24 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part a? C-2. The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 24 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? C-3. Which of the overhead allocation methods would you recommend? Complete this question by entering your answers in the tabs below. Req c1 Req C2 Reg C3 The sales policy at the St. Cloud plant dictates that job bids be calculated by adding 24 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.) Bid price d. Compute the under-or overapplied overhead for the St. Cloud plant for the year. (Round your intermediate calculations to 2 decimal places.) Overapplied f. Would your response to part e change if the St. Cloud plant could use the facilities necessary to produce parts for job no. 110 for another job that could earn an incremental profit of $25,000? Incremental profit earned by producing the other job Incremental cost of buying the parts from the subcontractor Increase in total profits