Question: 11) Corp makes jackets and uses machine-hours as the single indirect-cost rate to allocate O/H. The following estimates are provided for the coming year for

 11) Corp makes jackets and uses machine-hours as the single indirect-cost

11) Corp makes jackets and uses machine-hours as the single indirect-cost rate to allocate O/H. The following estimates are provided for the coming year for the company overall and for Job 101 specifically. What is the annual manufacturing overhead cost-allocation rate for Corp's entire company (plant-wide) rate? 12) What amount of O/H costs will be allocated to Job 101 ? 13) What are the total manufacturing costs of Job 101? 14) What is the bid price (price the company offers to do the work for) for the job if the company uses a 40% markup of total manufacturing costs

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