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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

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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 overbead per nachine-hour Variable manufacturing overhead per direct labor hour Department Holding Painting 36,500 $2.500 90,000 37.000 5234.000 5504,000 $ 2.60 $ 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 Inter-hours chine Hours Direct materials orect Labor cost 370 5051,246 3 TO 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 40 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 38 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 Der DLH

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