Super Rat Machine Works, a manufacturing firm, manufactures sprockets for the Tree Bicycle company. The company uses a normal job-order costing system. Currently they are using a plantwide overhead rate based on direct labour hours and are interested in understanding the impact of moving to a departmental overhead rate structure with Cutting and Finishing departments using direct labour hours and Machining department using machine hours. Management has provided the following data for its three departments for the coming year. Estimated overhead costs per department Cutting Machining Finishing $90.000 $250.000 $26.000 Estimated normal activity per department (direct labour hours) Cutting 6.000 Machining 25.000 Finishing 5.200 Estimated normal activity per department machine hours) Machining 50.000 Management estimates costs and activities for a job. Job 1. and they need to provide a quote to their customer. The quote price includes a 309 mark up over the full manufacturing cost. Management estimates are noted below Management estimates costs and activities for a job, Job 1, and they need to provide a quote to their customer. The quote price includes a 30% mark up over the full manufacturing cost. Management estimates are noted below. Job 1 Direct materials $5,500 Direct labour cost $2,000 Direct labour hours Cutting 100 Machining 600 Finishing 300 Number of machine hours Machining 400 Using the above information to answer the following questions. Question 27 (1 point) Saved Calculate the plantwide overhead rate. Question 28 (1 point) Saved Calculate the departmental overhead rate for the Cutting department. A/ Question 29 (1 point) Saved Calculate the departmental overhead rate for the Machining department. A/ Question 30 (1 point) Saved Calculate the departmental overhead rate for the Finishing department. A Question 31 (2 points) Using a plantwide overhead rate, calculate the total cost for Job 1. 1 A/ Question 32 (2 points) Using departmental overhead rates calculate the bid price for Job 1. A