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Ces High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses a job-order costing system in which
Ces 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 33,500 87,000 53,200 37,000 $ 200,100 $ 2.60 $ 500,080 0 e $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: Direct labor-hours Machine-hours Direct materials Direct labor cost Required: Molding Department Painting 77 340 128 68 $942 $710 $1,240 $970 1. Compute the predetermined overhead rates used in the Molding Department and the Painting Department 3-a. What would be the total mal 3-b. If the job contained 40 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 Molding Department Painting Department Rate per MH per DLH
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