1 Normal 1 No Spac... Heading 1 Heading 2 Title Subtitle Paragraph Styles Problem (III) Job Order Costing Problem SHIM & SHU Company uses a job-order costing system. The company applies manufacturing overhead to jobs using a predetermined overhead rate based on labor-hours. Beginning of the year, manufacturing overhead and labor-hours were estimated at $160,000 and 40,000 hours respectively, for the year. In June, Job #100 was completed. Materials costs on the job totaled $3,000 and labor costs totaled 54,800 at $6 per hour. Job #100 required 800 labor hours and 1,000 machine hours. At the end of the year, it was determined that the company worked 15,000 labor-hours and 45,000 machine hours for the year, and incurred $190,000 in actual manufacturing overhead costs. Required: a. Calculate the predetermined overhead rate for the year. b. Determine the total costs of Job W100. e. Assuming that 100 units were completed, determine the unit cost that would appear on the job cost sheet for Job #100 tigate o RI ligi Paragraph Styles a. If SHIM & SHU want to charge to its customer at 40% markup on cost, how much SHIM & SHU charge for Job #100? 1 o i Toys