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Check my 3 High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses a job-order costing system in
Check my 3 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 34,000 85,000 $187, 800 $438,600 points Direct labor-hou Machine-hours 51,000 36,000 Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct 1labor-hour 3.00 eBook %24 5.00 Prant Job 205 was started on August 1 and completed on August 10. The company's cost records show the following inforation concerning the job: References Department MoldingPainting 89 Oirect labor-hours Machine-hours Direct materials Direct labor cost 131 320 $ 946 $1, 160 $ 720 $ 980 71 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 32 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 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 per MH Painting Department per DLH Reg 2
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