Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates:




Direct labor-hours required to support estimated production 75,000
Machine-hours required to support estimated production 37,500
Fixed manufacturing overhead cost $ 225,000
Variable manufacturing overhead cost per direct labor-hour $ 1.60
Variable manufacturing overhead cost per machine-hour $ 3.20


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




Direct materials $ 178
Direct labor cost $ 225
Direct labor-hours 15
Machine-hours 5


Required:

1. Assume that Landen has historically used a plantwide predetermined overhead rate with direct labor-hours as the allocation 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 total manufacturing cost, what selling price would it establish for Job 550?



2. Assume that Landen’s controller believes that machine-hours is a better allocation base than direct labor-hours. 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 total manufacturing cost, what selling price would it establish for Job 550?

(Round your intermediate calculations to 2 decimal places. Round your Predetermined Overhead Rate answers to 2 decimal places and all other answers to the nearest whole dollar.)

The plantwide predetermined overhead rate is $345,000 and the  total manufacturing cost of Job 550 is $472.

1.

a. The estimated total overhead cost:

Estimated fixed manufacturing overhead $ 225,000

Estimated variable manufacturing overhead 120,000

($1.60per DLH × 75,000 DLH)

Estimated total manufacturing overhead cost $345,000

The predetermined overhead rate:

Estimated total manufacturing overhead (a) $ 345,000

Estimated total direct labor-hours (b) 75,000 DLH

Predetermined overhead rate (a) ÷ (b) $4.60 per DLH

b. Total manufacturing cost assigned to Job 550:

Direct materials $ 178

Direct labor $225

Manufacturing overhead applied $69

($4.60 per DLH × 15DLA)

Total manufacturing cost of Job 550 $472

c. The selling price for Job 550:

Job 550

Total manufacturing cost $472

Markup (200%) $944

Selling price $1,416

2.

a. The estimated total overhead cost

Estimated fixed manufacturing overhead $ 225,000

Estimated variable manufacturing overhead $120,000

($3.20 per MH × 37,500 MHs)

Estimated total manufacturing overhead cost $345,000

Predetermined overhead rate:

Estimated total manufacturing overhead (a) $345,000

Estimated total machine-hours (b) 37,500 MHs

Predetermined overhead rate (a) ÷ (b) $9.20 per MH

b.  Total manufacturing cost assigned to Job 550:

Direct materials $ 178

Direct labor 225

Manufacturing overhead applied $46

($9.20per MH × 5 MH)

Total manufacturing cost of Job 550 $449

2.

c. The selling price for Job 550:

Job 550

Total manufacturing cost $ 449

Markup (200%) $898

Selling price $1,347

Therefore the plantwide predetermined overhead rate is $345,000 and the  total manufacturing cost of Job 550 is $472.

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The process of removing small solid objects, like dust, from the air is called __________.

A) particulate control
B) reclamation
C) evapotranspiration
D) infiltration
E) sublimation

Our Sun is an "average" star. What's its stellar evolution

A. Red giant, Planetary Nebula, White Dwarf
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Describe how atmospheric pressure changes as altitude increases?

What is the smartest way to learn

The time of warming that occurs between ice ages is called the __________.

A) global climate
B) interglacial period
C) R-to-C ratio
D) reclamation
E) continental drift

The ____ summarizes all of the information you submitted on the FAFSA.

A. student aid report (SAR)

B. pell grant

C. annual percentage rate (APR)

D. jennings report

Air pollution resulting from the combination of gases produced by burning fossil fuels is called __________.

A) acid rain
B) smog
C) chimney effect
D) environmental tobacco smoke
E) weathering

High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses a job-order costing system in which departmental predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Molding Department is based on machine-hours, and the rate in the Painting Department is based on direct labor-hours. At the beginning of the year, the company provided the following estimates:



Department
Molding Painting
Direct labor-hours 30,000 54,200
Machine-hours 88,000 36,000
Fixed manufacturing overhead cost $ 228,800 $ 514,900
Variable manufacturing overhead per machine-hour $ 2.60 -
Variable manufacturing overhead per direct labor-hour - $ 4.60




Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job:



Department
Molding Painting
Direct labor-hours 82 133
Machine-hours 380 72
Direct materials $ 938 $ 1,240
Direct labor cost $ 730 $ 1,010




Required:

1. Compute the predetermined overhead rates used in the Molding Department and the Painting Department.

2. Compute the total overhead cost applied to Job 205.

3-a. What would be the total manufacturing cost recorded for Job 205?

3-b. If the job contained 37 units, what would be the unit product cost?

Hook
Formation of Our Solar System Timeline
1. Look at the six statements below and put the events in order from beginning to
end.
2. Place the numbers 1 through 6 on the lines provided, 1 will be the beginning and
6 will be the end.
Somewhere in the Milky Way galaxy, a star went supernova. The explosion
transferred energy to a cloud of gas and dust that was nearby.
As the energy began to disturb the cloud of gas and dust, gravity caused the
cloud to collapse in on itself and form a disc.
The center of the disc became hot enough and under enough pressure to form a
star: the Sun.
The force of gravity began pulling the remaining gas and bits of dust together to
form planets and moons.
Near the Sun, the rocky planets of Mercury, Venus, Earth, and Mars formed.
In the outer cooler regions of the disc, the ice and gas planets of Jupiter, Saturn.
Uranus, and Neptune formed.

needed ASAP
Instructions
Why would you prefer a belt drive to a chain drive?

From Team Clock, Steve Ritter
We've all been a part of teams that have experienced failure. Whether it's the breaking of a romantic relationship, family estrangement, misunderstandings among
friends, or work-place tension, the ability for humans to not get along is obvious. Hopefully we learn from our mistakes and our wounds, but in the grand scheme of
things, it's safe to say some teams are just not meant to be.

In this paragraph, what does the word estrangement mean?

A)celebration

B)separation

C)forgiveness

D)happiness

Help needed, will give brainliest if it’s correct.

Why are people 16 to 18 years old discouraged from working full-time?
A. they cannot walk travel long distances
B. they have less experience
C. they are not strong enough
D. schoolwork should be their priority

The Circle of Growth

A)shows all the things you have learned through your goals

B)represents the things you cannot yet do

C)brings your goals together so you can focus on them

D)encourages others to help you meet your goals

Correct answer gets brainliest :) Please help with my homework:)

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