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this is cost managerial accounting, i do not understand required 3 look at this. what answer Moody Corporation uses a job-order costing system with a
this is cost managerial accounting, i do not understand required 3 look at this. what answer
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour 151,000 $657,000 $ 4.10 Required: 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials $340 Direct labor cost $240 Machine-hours used 30 Compute the total manufacturing cost assigned to Job 400. 3. If Job 400 Includes 60 units, what is the unit product cost for this job? Compute the total manufacturing cost assigned to Job 400. 3. If Job 400 Includes 60 units, what is the unit product cost for this job? 4. If Moody uses a markup percentage of 110% of its total manufacturing cost, then what selling price per unit would it have established for Job 400? Answer is complete but not entirely correct. Complete this question by entering your a ir answers in the tubs below. Required Required 2 Required Required 4 It Job 400 includes to units, what is the unit product cost for this job? (Round your intermediate calculations and Minat answer to the nearest whole dollar) Weat producto 24 Step by Step Solution
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