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High Desert Potteryworks makes a variety of pottery products that it sells to retailers such as Home Depot. The company uses a job-order costing system

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High Desert Potteryworks makes a variety of pottery products that it sells to retailers such as Home Depot. The company uses a job-order costing system in which 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's management made the following estimates: Department Molding Painting 50,400 Direct labor-hours 35,500 34,000 Machine-hours 84,000 Direct materials cost $190,000 $200,000 $279,000 $527,000 Direct labor cost $193,200 $478,800 Fixed manufacturing overhead cost $2.40 Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor- $4.40 hour 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 135 70 Direct labor-hours 320 74, Machine-hours $930 $1,100 Materials placed into production $710 $1,010 Direct labor cost Required: 1. Compute the predetermined overhead rate used during the year in the Molding Department. Compute the rate used in the Painting Department. (Round your answers to 2 decimal places.) Predetermined overhead rate 4.70 per MH Molding Department 13.90 per DLH Painting Department 2. the total overhead cost applied to Job 205. (Round "Predetermined overhead rate" to 2 decimal places, other intermediate calculations and final answers to the nearest dollar amount

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