direct labor and unit product cost.
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: Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Morang Painting 12,000 60,000 70,000 8,000 $ 497,000 $ 615,000 1.50 - $ 2.00 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job: Department Molding Painting Direct labor-hours Machine-hours Direct materials Direct labor cost 110 $ 770 $ 525 20 $1,332 $1.470 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 50 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req 3A Req 3B What would be the total manufacturing cost recorded for Job 205? (Round your intermediate calculations to 2 dec Department Molding Painting Total $ 770 + 1,332 $ 2,102 5251 ,470 1,995 Direct materials Direct labor Manufacturing overhead Total cost $ 1,295 $ 2,802 $ 4,097 Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req 3A Req 3B If the job contained 50 units, what would be the unit product cost? (Round your intermediate calculations and final answer to 2 decimal places.) Unit product cost per unit ( Req3A Roq 30