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Check 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
Check 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: Department Molding Painting Direct labor-hours 35,500 53,300 Machine-hours 84,000 30.000 Fixed manufacturing overhead cost $184,800 $469,040 Variable manufacturing overhead per machine-hour $5.00 Variable manufacturing overhead per direct laber-hour 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 Machine-hours Direct materials Direct labor coat Department Molding Painting 79 120 35072 594651,160 1740 960 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 34 units, what would be the unit product cost? the tabs be Required 1 Required 2 Required 3A Required 3B Compute the Predetermined Overhead Rates used in the Molding answers to 2 decimal places.) Predetermined Overhead Rate Molding Department Painting Department per MH per DLH
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