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ggDeep Ocean Potteryworks makes a variety of pottery products that it fddsfasdfrgggsells to retailers such as Home Depot. The company uses a job - order
ggDeep Ocean Potteryworks makes a variety of pottery products that it fddsfasdfrgggsells to retailers such as Home Depot. The company uses a job
order costing system in which predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The
predetermined overhead rate in the Moulding Department is based on machine hours, and the rate in the Painting Department is
based on direct labour cost. At the beginning of the year, the company's management made the following estimates:
Job was started on July and completed on July The company's cost records show the following information concerning the
job:
Requlred:
Compute the predetermined overhead rate used during the year in the Moulding Department. Compute the rate used in the Painting
Department. Round "Cost per machlne hour" answer to declmal places.
Compute the total overhead cost applied to Job Do not round Intermedlete calculatlons. Enter your answer rounded to the
nearest whole dollar.
Total overhead cost
a What would be the total cost recorded for Job Do not round Intermedlate calculatlons. Enter your answers rounded to the
neerest whole doller.
b If the job contained units, what would be the cost per unit? Do not round Intermedlete calculations and round your flnel
answer to decimal places.Deep Ocean Potteryworks makes a variety of pottery products that it sells to retailers such as Home Depot. The company uses a job
order costing system in which predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The
predetermined overhead rate in the Moulding Department is based on machine hours, and the rate in the Painting Department is
based on direct labour cost. At the beginning of the year, the company's management made the following estimates:
Job was started on July and completed on July The company's cost records show the following information concerning the
job:
Requlred:
Compute the predetermined overhead rate used during the year in the Moulding Department. Compute the rate used in the Painting
Department. Round "Cost per machlne hour" answer to declmal places.
Compute the total overhead cost applied to Job Do not round Intermedlete calculatlons. Enter your answer rounded to the
nearest whole dollar.
Total overhead cost
a What would be the total cost recorded for Job Do not round Intermedlate calculatlons. Enter your answers rounded to the
neerest whole doller.
b If the job contained units, what would be the cost per unit? Do not round Intermedlete calculations and round your flnel
answer to decimal places.
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