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Hamett Corporation has two manufacturing departments.Molding and Assembly. The company used...

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Accounting

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Hamett Corporation has two manufacturing departments.Molding and Assembly. The company used the following data at the beginning of the period to calculate predetermined overhead rates: During the period, the company started and completed two jobs. Job E and Job M. Data concerning those two jobs follow: Required: record all answers and calculations on your worksheet. a. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine hours, Calculate that overhead rate. (Round your onswer to 2 decimal places.) b. Assume that the company uses a plantwade predetermined manufacturing overhead rate based on machire hours. Calculate the amount of manufacturing overhead applied to Job E. (Do not round intermediate calculations.) c. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machise-hours. Calculate the totai manufacturing cost assigned to Job E, (Do not round intermediate calculotions.) d. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 80% on manufacturing cost to establish selling prices, Calculate the selling price for lob E. (Do not round intermediote colculations.)

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