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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: Department Molding Painting Direct labor-hours 12,080 60,000 Machine-hours 70,000 8,000 Fixed manufacturing overhead cost $ 497,000 $ 615,000 Variable manufacturing overhead per machine-hour $ 1.50 Variable manufacturing overhead per direct labor-hour $ 2.00 5 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 30 84 110 20 $ 770 $1,332 $ 525 $1,470 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 50 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Requis Required 3B What would be the total manufacturing cost recorded for Job 2057 (Round your intermediate calculations to 2 decimal places.) Department Molding Painting Total $ 0 0 Direct materials Direct labor Manufacturing overhead Total cost 0 $ 0 $ 0 $ 0 (Required 2 Required 38 >

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