loody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on...
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Accounting
loody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. A he beginning of the year, the company made the following estimates: 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: 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. If Moody uses a markup percentage of 120% 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. Compute the total manufacturing cost assigned to Job a00. (Round your intermediate calculations to 2 decimal places and. your final anmwer to the riearest dollar amount.)
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