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ces Mc 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 Mc 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 Holding 33,000 Painting 84,000 56,700 33,000 $151,200 $527,310 $ 3.00 $5.00 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 Hachine-hours. Direct materials Direct labor cost Required: Department Molding 87 Painting 135 400 $936 $730 75 $1,140 $ 900 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 38 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.) Molding Department) Predetermined Overhead Rate per MH Painting Department per DLH
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