C H Data Markup on job coct 75% Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Milling Assembly 60,000 3,000 8,000 80.000 1330,000 $500,000 $2.00 $3.75 Cost oummary for Job 407 Machine-hours Direct Isbor hours Direct materials Direct labor cost Department Milling Assembly 90 4 5 20 $370 $70 1800 1280 Enver form into act or calls med vor ? Step 1: Calculate the estimated total manufacturing overbead cost for each departacat Milling Assembly Total fixed manufacturing overhead cost ? Variable manufacturing overhead per machine hour or direct labor- 2 Total machine-hours or direct labor-hour Total variable manufacturing overhead Total manufacturing overhead Step 2: Calculate the predetermined overhead rate is each department Milling Assembly Total manufacturing overhead Total machine-hours or direct labor-hours ? Predetermined overhead rate per machine-hour or direct lobor hour 2 ? ? Step 3: Calculate the amout of overhead applied from both departments to Job 407 Milling Assembly Predetermined overhead rate per machine-hour or direct labor hour ? Machine-hours or direct labor-hours for the job Manufacturing overhead applied ? ? ? ? ? Step 4: Calculate the total job cost for Job 407 Milling Assembly Total ? 2 Direct materials Direct lobor cost Manufacturing overhead applied Total cost of Job 407 ? ? ? Step 5: Calculate the selling price for Job 407 Total cost of Job 407 Markup Selling price of Job 407