Saved Landen Corporation uses a job-order costing system. At the beginning of the year,the company made the following estimates Direct labor-hours required to support estimated production Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per direct labor-hour Variable manufacturing overhead cost per machine-hour 145,000 72,500 $406,000 $ 4.40 $ 8.80 . ts 01:20:47 550 was started and completed. The following information is available with respect to this jotb eBook Direct materials Direct labor cost Direct labor-hours Machine-hours $ 183 s 295 15 5 Print Required: 1. Assume that Landen has historically used a plantwide predetermined Under this approach a Compute the plantwide predetermined overhead rate. b. Compute the total manufacturing cost of Job 550 C. f Landen uses a markup percentage of 200%ofits total manufacturing cost, what selling price would i establish for References eo sto 2. Assume that Landen's controller believes that machine-hours is a better allocation base than direct labor-hours. 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? (Round your intermediate calculations to 2 decimal places. Round your Predetermined Overhead Rate answers to 2 decimal places and all other answers to the nearest whole dollar.) 1. Direct labor-hours Predetermined overhead rate per DLH Mc Hill 9