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High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company's job - order costing system uses departmental predetermined overhead
High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company's joborder costing system uses
departmental predetermined overhead rates to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the
Molding Department is based on machinehours, and the rate in the Painting Department is based on direct laborhours. At the
beginning of the year, the company provided the following estimates:
Job was started on August and completed on August The company's cost records show the following information concerning
the job:
Required:
Compute the predetermined overhead rates used in the Molding Department and the Painting Department.
Compute the total overhead cost applied to Job
a What would be the total manufacturing cost recorded for Job
b If the job contained units, what would be its unit product cost?
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