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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

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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 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 Department Painting 68,000 9,600 Moulding 16,000 86,000 $ 666,000 $ 526,000 $ 160,000 $ 476,000 $ 877,200 $ 833,000 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning Che job: Direct labour-hours Machine-hours Materials placed into production Direct labour cost Department Moulding 30 Painting 140 150 $520 $340 20 $382 $730 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 Depa Predetermined Overhead Rate per machine-hour ct labour cost This is a numeric cell, so please enter numbers only.

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