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 60,000 Direct labor-hours 12,000 70,000 $497,000 $ 615,000 Machine-hours 8,000 Fixed manufacturing overhead cost Variable manufacturing overhead per 1.50 machine-hour Variable manufacturing overhead per direct S 2.00 labor-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: V Department Molding Painting Direct labor-hours 30 84 Machine-hours 20 110 Direct materials 770 $ 525 $1,332 $1,470 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 50 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 3B 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