Connedt 2 and 3 Homework Machinehours required to support es

Connedt 2 and 3 Homework Machine-hours required to support estimated production 152,096 Fixed nmanufacturing overhead cost Variable nanufacturing overhead cost per machine-hour 4.18 9651,808 t Compute the plantwide predetermined overhead rate 2 During the year, Job 400 was started and completed. The following information wos availsble with respect to this jotx Direct naterials Direct Labor cost Pachine-hours used $ 360 $ 290 Compute the total manufacturing cost assigned to Job 400 3 Ir Job 400 includes 60 units what is the unit product cost for this job? 4 t Moody uses markup percentage of 0% of its total manufacturing cost, then what seling price per unit would establiahed for Job 400? have Complete this quession by entering your answers in the tabs below. Required 1 Required2 Required 3 Required 4 Compute the total manufacturing cont assigned to Job 400. (Round your intermediate cakculations to 2 decimal places and your finial aawer to the nearest dollar amount) Required 1

Solution

Solution:

Fixed manufacturing overhead cost = $651,000

Estimated machine hours = 152000

Plant wide pre determined overhead rate = Fixed manufacturing overhead / Estimated machine hours

= $651,000/152000 = $4.28 per machine hour

Solution 2 - 4:

Computaton of manufacturing cost - Job 400
Particulars	Amount
Direct Material	$360.00
Direct Labor	$290.00
Variable manufacturing overhead (33*4.10)	$135.30
Allocated fixed manufacturing overhead (33*4.28)	$141.24
Total manufacturing cost	$926.54
Number of units in job 400	60
Unit product cost (Total manufacturing cost / No of units)	$15.44
Markup on manufacturing cost (130%)	$20.08
Selling price per unit (Cost + Markup)	$35.52