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2 High Desert Potteryworks makes a variety of pottery Products that sells to retales, such as Home Depot. The company order costing system in which

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2 High Desert Potteryworks makes a variety of pottery Products that sells to retales, such as Home Depot. The company order costing system in which predetermined overhead rates are used to apply malacturing overed cost to the predetermined overhead tate in the Moulding Department is based on machines, and the late in the Pate Departments based on direct labour cost. At the beginning of the year, the company's management made the following contes Direct Labour hours Machine-hours Direct materials cast Direct Labour Manufacturing overhead Deze 17:00 20. . 30.000 $5.00 $60.000 $10. 15. . Job 205 was started on August and completed on August 10. The company's cost records show the following information concerto the job Dupa Mount 19 Direct labour-tours machine hours varianlaced in production Direct Labour 20 15 Required: 1. Compute the predetermined overhead rate used during the year in the Moulding Decoreet. Complete Department (Round "Cost per machine hour answer to 2 decimal places Required: 1. Compute the predetermined overhead rate used during the year in the Mon Department Compare the end Department (Round "Cost per machine hour anwwer 10 2 decimal places) - Moulding Department Painting Department por machine bo Sobo 2. Compute the total overhead cost applied to Job 205. Do not found intermediate calculations. Enter your owwer rounded to the nearest whole dalier) 3-n. What would be the total cost recorded for Job 205/(Do not round intermediate cocin, Enter your answers rounded the nearest whole dollar:) Department Next > 3-a. What would be the total cost recorded for Job 2057 (Do not found intermediate calculations. Enter your answers rounded 10 the nearest whole dollar) Department Moulding Paining Total Direct materials Direct labour Minutacturing overhead applied Total cost 3-b. If the job contained 70 units, what would be the cost per unit? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Cost per unit 4. At the end of the year, the records of High Desert Potteryworks revealed the following actual cost and operating data for jobs worked on during the year Direct labour hours Machine hours Direct materials cost Direct labour cost Manufacturing overhead cost Huling 12,000 67.000 $450,000 $ 120,000 $72),200 4,000 11.000 $70,000 $450,000 $70,000 What was the amount of under-or overapplied overhead in each department at the end of the year? Do not round intermediate calculations.) Moulding Department Painting Department overhead Overhead sem High Desert Potteryworks makes a variety of pottery products that it sells to retailers, such as Home Depot. The company is jos order costing system in which predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Moulding Department is based on machine hours and the rate in the Painting Department is based on direct labour cost. At the beginning of the year, the company's management made the following estimates Direct laboor hours Hachine hours Direct materials cost Direct labour cost Manufacturing overhead test din 17,000 20.000 0. ,000 30,00 $530,000 $ 670,000 $ 170,000 $450.000 $950,000 $352,50 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job Holding 10 100 100 20 Direct labour-hours machine hours Materials placed into producto Direct Isbour cost $250 Required: 1. Compute the predetermined overhead rate used during the year in the Moulding Department Compute the rate used in the Painting Department. (Round "Cost per machine-hour answer to 2 decimal pinces) Required: 1. Compute the predetermined overhead rate used during the year in the Moulding Department Computer the tried to Department (Round "Cost per machine-hour answer to 2 decimal places Moulding Department Painting Doment por machine how stresources 2. Compute the total overhead cost applied to Job 205. Do not round intermediate caution Enter your answer rounded to the nearest whole dollar 3- What would be the total cost recorded for Job 2057 (Do not round Intermediate calculations. Enter your answers rounded to the nearest whole dollar) Department Moulding Painting Total Help 3-b. If the job contained 70 units what would be the cost per unit? Do not round intermediate calculations and round your final answer to 2 decimal places 4. At the end of the year, the records of High Desert Potteryworks revealed the following actual cost and operating data for jobs worked on during the year Hulingwinti Direct Latrobare 12,000 64.000 Machine-heurs 9.00 11.00 Direct materials cost $450,000 $700.000 Direct labour cost $120.000 S6,000 Manufacturing overhead cost $200 $170,000 What was the amount of under or overapplied overhead in each department at the end of the year (Do not round intermediate calculations.) Moulding Department Parting Department Overtad

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