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Exercise 2-12 (Algo) Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3] 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 159.000 5652, ee $ 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 Direct Isbor cost Machine-hours used $320 $200 38 Compute the total manufacturing cost assigned to Job 400 3. Job 400 includes 50 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the plantwide predetermined overhead rate. (Round your answer to 2 decimal places.) per MH Required 2 > Exercise 2-12 (Algo) Computing Predetermined Overhead Rates and Job Costs [LO2-1, LO2-2, LO2-3) 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 hors neutred to support strated productor iked hacturing and cont Variable arracturing the cost per machine hour NO $62, $ 4.40 Required: 1 compute the plantwide predetermined overhead rate 2. Duning the year, Job 400 was started and completed. The following information was available with respect to this job birect Materials Director ont Hochurned 320 5290 Compute the total manufacturing cost assigned to Job 400. 3. if Job 400 includes 50 units, what is the unit product cost for this job? 4. Moody uses a markup percentage of 110% of its total manufacturing cost, then what selling price per unit would it have established for Job 4002 Complete this question by entering your answers in the tabs below. Required Required 2 Required Required 4 Compute the total manufacturing cost assigned to Job 400. Round your intermediate calculation to decimal places and ygwer to the nearest do mount) oranu astiat 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 Machers Required uport estimated production Fixed nu acturing overbead cost varianracturing overhead cost per Machine-hour 250 562. $ . 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 Druct aterias tabor cont Machhours used $320 $290 3 Compute the total manufacturing cost assigned to Job 400 3. If Job 400 Includes 50 units, what is the unit product cost for this job? A 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Lequired 3 Required 4 If Job 400 includes 50 units, what is the unit product cost for this job? (Round your intermediate calculation and final answer to the nearest Whole dollard U preces Machine hors cuired to support estimated production Fred Hanufacturing Sched cost Varabimanufacture overhead cost er achior-houe 159,00 $6520 4.4 Required: 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 Hect water Direct Ihor CON Machine hoursused 3324 $24 38 Compute the total manufacturing cost assigned to Jot) 400, 3. Job 400 includes 50 units, what is the unit product cost for this job? Aur Moody uses a markup percentage of 110% of its total manufacturing cost then what selling price per unit would it have established for Job 4007 Complete this question by entering your answers in the tabs below. Mequired 1 Required Required 3 Squired 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 4007/Round your intermediate calculations and answer to the nearest whole dollar) HOP Required 3