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High Desert Potteryv-rorks makes a variety of pottery products that it sells to retailers. The company uses ajob-order costing system in which departmental predetermined overhead
High Desert Potteryv-rorks makes a variety of pottery products that it sells to retailers. The company uses ajob-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 Departmentis based on direct labor- hours. At the beginning ofthe year, the company provided the following estimates: Department Molding Painting Direct laborhours 38,666 56,366 Machinehours 32,686 35,666 Fixed manufacturing overhead cost 5 246,666 5. 43?,686 lv'ariable manufacturing overhead per machine-hour S 2.66 6 lv'ariable manu-Facturing overhead per direct labor-hour 6 5 4.66 Job 205 was started on August'l and completed on August'IO. The company's cost records show the following information concerning thejob: Department Molding Painting Direct labor-hours 3'9 132 Machinehours 396 66 Direct materials $ 932 3. 1,146 Direct labor cost $ 7-'46 $ 956 Required: '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. Il'll'hat would be the total manufacturing cost recorded for Job 205? 3-b. If the job contained 36 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department. Note: Round your answers to 2 decimal places. Predetermined Overhead Rate Molding Department per MH Painting Department per DLHCompute the total overhead cost applied to Job 205. Note: Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount. Total overhead costK What would be the total manufacturing cost recorded for Job 205? Note: Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount. Molding Painting Department Department Total Direct materials Direct labor 0 Manufacturing overhead Total cost $ 0 S 0Required 1 Required 2 Required 3A Required 3B If the job contained 36 units, what would be the unit product cost? Note: 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. Unit product cost per unit
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