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High Desert Potteryworks makes a variety of pottery products that it sells to retailersThe company uses joborder costing system in which departmental predetermined overhead rates
High Desert Potteryworks makes a variety of pottery products that it sells to retailersThe company uses joborder costing system in which departmental predetermined overhead rates are used to apply manufacturing overhead cost to jobsThe predetermined overhead rate in the Molding Department is based on machinehours, and the rate in the Painting Department is based on direct hoursAt the beginning of the year the company provided the following estimates Direct laborhours Machinehours Fixed manufacturing overhead cost Variable manufacturing overhead per machinehour variable manufacturing overhead per direct laborhour Department Molding Painting Job was started on August and completed on August The company's cost records show the following information concerning the job Direct laborhours Machinehours Direct materials Direct labor cost Department Holding Painting Required: Compute the predetermined overhead rates used in the Molding Department and the Painting Department
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