Check m 5 Problem 2-19 Multiple Predetermined Overhead Rates: Applying Overhead [LO2-1, LO2-2, LO2-4) 2. points 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: et ook 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 32,600 58.500 85,000 34.000 $272,000 $567,450 $ 2.20 Ask References 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 Department Holding Painting 77 126 310 74 $ 950 $1,220 $ 710 $1,010 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 27 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. 5 Direct labor-hours Machine-hours Direct materials Direct labor cost Molding Painting 77 126 310 74 $ 950 $1,220 $ 710 $1,010 2 points 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 27 units, what would be the unit product cost? eBook Ask Complete this question by entering your answers in the tabs below. References Reg 1 Reg 2 Req 3A Req 3B Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department. (Round your answers to 2 decimal places.) Predetermined Overhead Rate Molding Department $ 5.40 per MH Painting Department $ 0.07 per DLH KROG Reg 2 > 5 Direct labor-hours Machine-hours Direct materials Direct labor cost Molding Painting 77 126 310 74 $ 950 $1,220 $ 710 $1,010 2 boints 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 27 units, what would be the unit product cost? eBook Ask Complete this question by entering your answers in the tabs below. lo References Reg 1 Reg 2 Req3A Reg 3B What would be the total manufacturing cost recorded for Job 2057 (Round "Predetermined overhead rate" to 2 decimal places, Round other intermediate calculations and final answers to the nearest dollar amount.) Department Molding Painting 950 $ 1,220 $ 710 1,010 Direct materials Direct labor Manufacturing overhead Total cost Total 2,170 1,720 0 3,890 $ 1,660 $ 2,230 $ Direct labor-hours Machine-hours Direct materials Direct labor cost Molding Painting 77 126 310 74 $ 950 $1,220 $ 710 $1,010 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 27 units, what would be the unit product cost? Book Ask Complete this question by entering your answers in the tabs below. erences Req 1 Reg 2 Reg Red 3B If the job contained 27 units, what would be the unit product cost? (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations to the nearest dollar amount. Round your final answer to 2 decimal places.) Unit product cost per unit
