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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.
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 24 units, what would be the unit product cost
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B 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 per MH Painting Department per DLHComplete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B 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 costComplete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B 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.) Molding Painting Total Department Department Direct materials Direct labor Manufacturing overhead Total costComplete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B If the job contained 24 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 unitHigh 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 Holding Painting Direct labor-hours 36,966 56,289 Machine-hours 86,689 37,990 Fixed manufacturing overhead cost 5 189,266 5 521,649 Variable manufacturing overhead per machine-hour $ 2.68 - Variable manufacturing overhead per direct labor-hour - S 4.69 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job: D_egartlent Molding Painting Direct labor-hours 86 129 Machine-hours 338 72 Direct materials 5 930 $ 1,289 Direct labor cost 5 726 5 1,819 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 thejob contained 24 units, what would be the unit product costStep by Step Solution
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