The following information relates to a company that has two manufacturing departments. The company used the following data at the beginning of the period to calculate predetermined overhead rates: Estimated total machine-hours (MRS) Dept. X Dept. Y Total Estimated total fixed manufacturing overbead cost 5,000 5,000 10,000 $18,000 Estimated variable manufacturing overhead cost per me $29,000 $47.000 $ 1.50 $3.00 During the period, the company started and completed two jobs-Job A ond Job 8. Data concerning those two jobs follow Direct materials Direct labor cost Molding machine-hours Assembly machine-hours JobA Job B $13,900 $8,200 $21,400 $8,200 1,250 3,750 1,250 3,750 Required: 1. Assume the company uses a plantwide predetermined manufacturing overhead rate based on machine hours. a. Calculate the overhead rate (Round your answer to 2 decimal places.) b. Calculate the amount of manufacturing overhead applied to Job A. (Do not round intermediate calculations.) c. Calculate the total manufacturing cost assigned to Job A. (Do not round intermediate calculations.) d. The company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling price for Job A. (DO not round intermediate calculations.) 2. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. a Calculate the predetermined overhead rate for the Dept. X. (Round your answer to 2 decimal places.) b. Calculate the departmental predetermined overhead rate for Dept. Y. (Round your answer to 2 decimal places.) c. Calculate the total manufacturing overhead applied to Job A. (Do not round intermediate calculations.) d. The company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling price for Job A. (DO not round intermediate calculations.) 1a Plantwido predetermined overhead rato por MH 1. Assume the company uses a plantwide predetermined manufacturing overhead rate based on machine hours. a. Calculate the overhead rote. (Round your answer to 2 decimal places.) b Calculate the amount of manufacturing overhead applied to Job A. (Do not round intermediate calculations.) c. Calculate the total manufacturing cost assigned to Job A. (Do not round intermediate calculations.) d. The company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling price for Job A. (DO not round intermediate calculations.) 2. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. a. Calculate the predetermined overhead rate for the Dept. X. (Round your answer to 2 decimal places.) b. Calculate the departmental predetermined overhead rate for Dept. Y. (Round your answer to 2 decimal places.) c. Calculate the total manufacturing overhead applied to Job A. (Do not round intermediate calculations.) d. The company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling price for Job A. (DO not round intermediate calculations.) per MH 1a. Plantwido predetermined overhead rato 16. Manufacturing overhead applied to Job A 10. Total manufacturing cost of Job A 10. Selling price of JobA 20. Dept X predetermined overhead rato 2b. Dept. Y predetermined overhead rate 20. Manufacturing overhead applied to JobA 2d. Selling price of Job A per MH per MH 3. Do you recommend the company use a plantwide rate or departmental rates to apply overhead? Why