High Desert Pottery works 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 overbead cost to jobs. The predetermined overhead rate in the Molding Department

is based on machine$-$bours, and the rate in the Painting Department is based on direct labor cost. At the

beginning of the year, the company's management made the following estimates:

Job $205$ was started on August $1$ and completed on August $10.$ The company's cost records show

the following information conceming the job:

Required:

Compute the predetermined overhead rate used during the year in the Molding Department.

Compute the rate used in the Painting Department.

Compute the total overhead cost applied to Job $205.$

What would be the total cost recorded for Job $205?$ If the job contained $50$units, what would be

the unit product cost?

At the end of the year, the records of High Desert Pottery works revealed the following actual cost

and operating data for all jobs worked on during the year:

What was the amount of under or over$-$applied overhead in each department at the end of the year? Please explain the calculations also