High Desert Potteryworks makes a variety of pottery products that it sells to retallers. The company's job-order 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 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: Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Department Molding Painting 12,000 70,000 60,000 8,000 $ 497,000 $ 1.50 $ 615,000 Variable manufacturing overhead per direct labor-hour 0 $ 2.00 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following Information concerning the job: Direct labor-hours Machine-hours Direct materials Direct labor cost Required: Department Molding 30 Painting 84 110 $ 770 20 $ 1,332 $ 525 $ 1,470 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 its unit product cost? D