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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

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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 12,000 60,000 70,000 8,000 $ 497,000 $ 615,000 Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine- hour Variable manufacturing overhead per direct labor-hour $ 1.50 - $ 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 Department Molding Painting 30 110 20 $ 770 $ 1,332 $ 525 $ 1,470 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 per MH Painting Department per DLH Required 1 Required 2 Required 3A Required 3B Compute the total overhead cost applied to Job 205. (Round your intermediate calculations to 2 decimal places.) Total overhead cost Required 1 Required 2 Required 3A Required 3B What would be the total manufacturing cost recorded for Job 205? (Round your intermediate calculations to 2 decimal places.) Department Molding Painting Total S 0 0 Direct materials Direct labor Manufacturing overhead Total cost 0 S S ols 0 Required 1 Required 2 Required 3A Required 3B If the job contained 50 units, what would be the unit product cost? (Round your intermediate calculations and final answer to 2 decimal places.) Unit product cost per unit

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