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 Moulding Department is based on machine-hours, and the rate in the Painting Department is based on direct labour cost. At the beginning of the year, the company's management made the following estimates: Direct labour-hours Machine-hours Direct materials cost Direct labour cost Manufacturing overhead cost Departeent Moulding Painting 15,000 66,000 82,000 9,200 9522,000 $662,000 $150,000 $462,000 $803,600 $808,500 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 Houlding Painting Direct labour-hours 30 160 Machine-hours 110 Materials placed into production 201 $480 Direct labour cost $342 $300 $690 Required: 1. Compute the predetermined overhead rate used during the year in the Moulding Department. Compute the rate used in the Painting Department. (Round "Cost per machine-hour" answer to 2 decimal places.) Moulding Department Painting Department $ Predetermined Overhead Rate 9.80 per machine-hour % of direct labour cost 2. Compute the total overhead cost applied to Job 205. (Do not round intermediate calculations. Enter your answer rounded to the nearest whole dollar.) Total overhead cost 3-a. What would be the total cost recorded for Job 205? (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar.) Direct materials Direct labour Manufacturing overhead applied Total cost Department Moulding Painting Total $ 10 $ 0 $ 3-b. If the job contained 50 units, what would be the cost per unit? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Cost per unit 4. At the end of the year, the records of High Desert Potteryworks revealed the following actual cost and operating data for all jobs worked on during the year: Direct labour-hours Direct materials cost Moulding Department Painting 66,200 63,200 10,200 $442,000 $692,000 11,200 Machine-hours Direct labour cost Manufacturing overhead cost $120,000 $448,000 $660,960 $775,500 What was the amount of under- or overapplied overhead in each department at the end of the year? (Do not round intermediate calculations.) Moulding Department Painting Department overhead overhead