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Chapter 2& 3 Saved Help Save & Exit Submit Check my work High Desert Potteryworks makes a variety of pottery products that it sells to

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Chapter 2& 3 Saved Help Save & Exit Submit Check my work 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 15 points rtment Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Molding Painting 56,500 82,000 36,000 $237,800 $519,800 37,500 Print References $ 2.60 -$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: Departmen MoldingPainting Direct labor-hours Machine-hours Direct materials Direct labor cost 132 70 $ 932 1,120 $ 750 990 71 370 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 the job contained 39 units, what would be the unit product cost

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