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 Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Holdings Painting 30,500 52.000 38.000 38,000 $149,600 46,500 53.00 5. Job 205 was started on August fand completed on August 10 The company's cost records show the following information concerning the job Direct labor hours Machine-hours Direct materials Direct labor cost Holding Painting 72 129 360 57 $90 $75 $1,000 Required: 1 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 2057 3. If the job contained 29 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below Required Required Required 30 Compute the determined overhead Rates used in the Modding Department and the Waiting Department. Thound your PM Mang Department Painting Department Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour variable manufacturing overhead per direct labor-hour Department Holding Painting 30, 500 52,000 38.000 30,000 $149,600 3436,800 3.00 5.00 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 72 129 Hachine-hours 360 67 Direct materials $940 $1,240 Direct labor cost 5 750 $1,000 Required: 1. 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. If the job contained 29 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 30 Compute the total overhead cost applied to Job 205. (Round "Pedetermined verhead rate to 2 decimal places. Koond other intermediate calculations and final answer to the nearest dollar amount.) Total overhead cost Direct Labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Molding Painting 30, 500 52,000 38.000 $149,600 5406,800 3.00 $ 5.00 Job 205 was started on August and completed on August 10. The company's cost records show the following information concerning the job Departments Holding Painting Direct labor-hours 22 129 Machine-hours 360 67 Direct materials 5940 $1,240 Direct labor cost 5 750 $1,000 Required: 1. 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. If the job contained 29 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Required 1 Required2 Required 3A Required 30 What would be the total manufacturing cost recorded for sob 2052 (ound redetermined overhead rate" to 2 decimal places Round other intermediate calculations and final answers to the nearest dollar amount Department Molding Painting Direct materials Direct labor Manufacturing overhead Total cost 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 Department Holding Painting Direct labor-hours 30,500 52,000 Machine-hours 88,000 30,000 Fixed manufacturing overhead cost $149,600 5436,800 Variable manufacturing overhead per machine-hour 3.00 Variable manufacturing overhead per direct labor-hour 5.00 $ $ Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job: Direct labor-hours Machine-hours Direct materials Direct labor cost Department Molding Painting 22 129 360 67 $940 $1,240 $750 $1,000 Required: 1. 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 2052 3-b. If the job contained 29 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Required 2 Required 3A Required 1 Required 33 If the job contained 29 units, what would be the unit product cost? (Hound "Pedetermined overhead rate to 2 decimal places. Round other intermediate calculations to the nearest dollar amount. Found your final anwwer to 2 decimal place) per unit Unit product cost
