High Desert Potteryworks makes a variety of ponery products that sells to retailers such as Home Depot. The company uses a job-order costing system in which overhead rates are used to manufacturing overhead cost to jobs. overhead rate in the Molding Department is based on machine hours, and the rate in the The predetermined hours Althe beginning Department is on direct labor of the year, the companys management made the following estimates: 12,000 Direct labor-hours $510,000 $650,000 Direct materials cost $130,000 $120,000 Direct labor cost $497,000 Fixed manufacturing overhead cost machine-hour $1.50 Variable manufacturing overhead per labor Variable manufacturing overhead perdirect $615,000 $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 110 $470 $332 Materials placed into production $325 $588 Direct labor cost Required used during the year in the Molding Department. Compute 1. Compute the predetermined overhead rate to 2 decimal places.) the used in the Painting Department (Round your answers rate Predetermined overhead rate M a Ask me anything O High Desert Potteryworks makes a variety of ponery products that sells to retailers such as Home Depot. The company uses a job-order costing system in which overhead rates are used to manufacturing overhead cost to jobs. overhead rate in the Molding Department is based on machine hours, and the rate in the The predetermined hours Althe beginning Department is on direct labor of the year, the companys management made the following estimates: 12,000 Direct labor-hours $510,000 $650,000 Direct materials cost $130,000 $120,000 Direct labor cost $497,000 Fixed manufacturing overhead cost machine-hour $1.50 Variable manufacturing overhead per labor Variable manufacturing overhead perdirect $615,000 $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 110 $470 $332 Materials placed into production $325 $588 Direct labor cost Required used during the year in the Molding Department. Compute 1. Compute the predetermined overhead rate to 2 decimal places.) the used in the Painting Department (Round your answers rate Predetermined overhead rate M a Ask me anything O