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Harnett 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:

Molding Assembly Total

Estimated total machine$-$hours $($MHs$)7,0003,00010,000$

Estimated total fixed manufacturing overhead cost $ $39,900$ $ $18,600$ $ $58,500$

Estimated variable manufacturing overhead cost per MH $ $2\mathrm{.}00$ $ $4\mathrm{.}00$

During the period, the company started and completed two jobs$--$Job E and Job M$.$ Data concerning those two jobs follow:

Job E Job M

Direct materials $ $21,600$ $ $8,500$

Direct labor cost $ $21,700$ $ $8,600$

Molding machine$-$hours $2,5004,500$

Assembly machine$-$hours $2,500500$

Required:

a$.$ Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine$-$hours. Calculate that overhead rate.

Note: Round your answer to $2$ decimal places.

b$.$ Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine$-$hours. Calculate the amount of manufacturing overhead applied to Job E$.$

Note: Do not round intermediate calculations.

c$.$ Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine$-$hours. Calculate the total manufacturing cost assigned to Job E$.$

Note: Do not round intermediate calculations.

d$.$ Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine$-$hours and uses a markup of $20\%$ on manufacturing cost to establish selling prices. Calculate the selling price for Job E$.$

Note: Do not round intermediate calculations.

e$.$ Assume that the company uses departmental predetermined overhead rates with machine$-$hours as the allocation base in both departments. What is the departmental predetermined overhead rate in the Molding department?

Note: Round your answer to $2$ decimal places.

f$.$ Assume that the company uses departmental predetermined overhead rates with machine$-$hours as the allocation base in both production departments. What is the departmental predetermined overhead rate in the Assembly department?

Note: Round your answer to $2$ decimal places.

g$.$ Assume that the company uses departmental predetermined overhead rates with machine$-$hours as the allocation base in both production departments. How much manufacturing overhead will be applied to Job E$?$

Note: Do not round intermediate calculations.

h$.$ Assume that the company uses departmental predetermined overhead rates with machine$-$hours as the allocation base in both production departments. Further assume that the company uses a markup of $20\%$ on manufacturing cost to establish selling prices. Calculate the selling price for Job E$.$

Note: Do not round intermediate calculations.Harnett 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:

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