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1. 2. 3a. 3b. please answer all questions completely previous helper was incorrect on answers. High Desert Potteryworks makes a variety of pottery products that
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please answer all questions completely previous helper was incorrect on answers.
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.. Direct labor-hours Machine - hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Molding Painting 31,000 55,100 84,000 31,000 $ 268,800 $501,410 $ 2.40 $ 4.40 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job: Direct labor-hours Machine-hours Direct materials Direct labor cost Department Molding Painting 81 132 39e 71 $ 936 $1,140 $ 750 $ 980 Compute the predetermined Overhead Rates used in the Molding Department and the Painting Department. (Round your answers to 2 decimal places.) Predetermined Overhead Rate Molding Department S 5.59 X per MH Painting Department $ 20.57 X per DLH Compute the total overhead cost applied to Job 205. (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Total overhead cost $ 4.895 X What would be the total manufacturing cost recorded for Job 205? (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount) Department Molding Painting Total Direct materials $ 0 0 Direct labor Manufacturing overhead Total cost 0 $ 0 $ 0 $ 0 If the job contained 34 units, what would be the unit product cost? (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations to the nearest dollar amount. Round your final answer to 2 decimal places.) Unit product cost per unitStep by Step Solution
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