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help me please i keep missing this High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses a
help me please i keep missing this
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: Depaftment Direct laborhours Machinehours Fixed manufacturing overhead cost Variable manufacturing overhead per machinehour Variable manufacturing overhead per direct laborhour Molding 39, 500 87 , ooo $ 278,400 $ 2.40 Painting 56,200 36, $ 511,420 $ 4.40 Job 205 was started on August I and completed on August 10. The company's cost records show the following information concerning the job: Direct taborhours Machinehours Direct materials Direct labor cost Required: Depa rtment Moldin Painting 78 380 $ 932 $ 690 134 73 $ 1,280 $ 960 I. 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. Ifthejob contained 23 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Required 2 Required 3A Required 3B Required 1 If the job contained 23 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.) $ 303 260 per unit nit p g_ gos < Required 3A Required 3B >
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