Landen Corporation uses a job-order costing system. At thebeginning of the year, the company made the followingestimates:

Direct labor-hoursrequired to support estimated production		95,000
Machine-hours required to supportestimated production		47,500
Fixed manufacturing overhead cost	$	266,000
Variable manufacturing overhead costper direct labor-hour	$	2.60
Variable manufacturing overhead costper machine-hour	$	5.20

During the year, Job 550 was started and completed. Thefollowing information is available with respect to this job:

Direct materials	$	273
Direct labor cost	$	237
Direct labor-hours		15
Machine-hours		5

Required:

1. Assume that Landen has historically used a plantwidepredetermined overhead rate with direct labor-hours as theallocation base. Under this approach:

a. Compute the plantwide predetermined overhead rate.

b. Compute the total manufacturing cost of Job 550.

c. If Landen uses a markup percentage of 200% of its totalmanufacturing cost, what selling price would it establish for Job550?

2. Assume that Landen’s controller believes that machine-hoursis a better allocation base than direct labor-hours. Under thisapproach:

a. Compute the plantwide predetermined overhead rate.

b. Compute the total manufacturing cost of Job 550.

c. If Landen uses a markup percentage of 200% of its totalmanufacturing cost, what selling price would it establish for Job550?

(Round your intermediate calculations to 2 decimalplaces. Round your Predetermined Overhead Rate answers to 2 decimalplaces and all other answers to the nearest wholedollar.)

	1. Directlabor-hours: a. Predeterminedoverhead rate per DLH b. Totalmanufacturing cost of Job 550 c. Selling price 2. Machine-hours: a. Predeterminedoverhead rate per MH b. Totalmanufacturing cost of Job 550 c. Selling price