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: Departsent Molding 36,500 86,000 $189,200 $475,640 Painting 51,700 35,000 Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 2.80 -S 4.80 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information conceming the job: Department MoldingPainting 70 Direct labor-hours Machine-hours 126 380 68 Direct naterials 942 $1,140 $ 700 Direct labor cost S 980 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 37 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Department MoldingPainting 126 70 Direct labor-hours 68 380 Machine-hours $1,140 Direct naterials Direct labor cost $ 942 $ 700 $980 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 37 units, what would be the unit product cost? Complete this questlon by entering your answers in the tabs below. Req 38 Req 2 Req 3A Req 1 Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department. (Round your answers to 2 decimal places.) Predetermined Overhead Rate Molding Department Painting Department per MH per DLH Department MoldingPainting 126 70 Direct labor-hours 68 Machine-haurs Direct naterials Direct labor cost 380 $ 942 700 $1,140 980 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 37 units, what would be the unit product cost? Complete this question by entering your answers In the tabs below. Req Req 3A Req 3B Req 1 Compute the total overhead cost applied to Job 205. (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Total overhead cost Department MoldingPainting 126 Direct labor-hours 70 68 380 $ 942 $ 700 $ 980 Machine-hours $1,140 Direct materials Direct labor cost 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 37 units, what would be the unit product cost? Complete this question by entering your answers In the tabs below. Reg 38 Req 1 Req 2 Feg 3A What would be the total manufacturing cost recorded for Job 2057? (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Department Painting Total Molding Direct materials Direct labor 0 Manufacturing overhead Total cost 0 S 0
