Exercise $2-14(20$ minutes$)$

The estimated total manufacturing overhead cost is computed as follows:

$Y=$$

Estimated fixed manufacturing overhead $q,$

Estimated variable manufacturing overhead:

MHs$.q,$

Estimated total manufacturing overhead cost. $q,$

The plantwide predetermined overhead rate is computed as follows:

Estimated total manufacturing overhead $($a$).q,$ $

Estimated total machine$-$hours $($b$).q,$

Predetermined overhead rate $($a$)(b).q,$

$2.$ Total manufacturing cost assigned to Job $400$:

Direct materials. $q,$

Direct labor. $q,$

Manufacturing overhead applied. $q,$

Total manufacturing cost. $q,$ $$1,040$

$3.$ The unit product cost of Job $400$ is computed as follows:

Total manufacturing cost $($a$).q,$

Number of units in the job $($b$).q,$

Unit product cost $($a$)(b)q,$

$4.$ The selling price per unit is computed as follows:

Total manufacturing cost. $q,$

Markup $(120\%$ of manufacturing cost$)..$

Selling price for Job $400($a$).q,$

Number of units in Job $400($b$)q,$

Selling price per unit $(a)(b).q,$ $$44$