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 Direct labor-hours 36,000 50,900 Machine-hours 82,000 33,000 Fixed manufacturing overhead cost $221,400 $493,730 Variable manufacturing overhead per machine-hour $ 2.20 Variable manufacturing overhead per direct labor-hour 4.20 $ 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 MoldingPainting 74 131 360 71 $ 946 $1,160 $ 690 $ 960 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 36 units, what would be the unit product cost? 0:12 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 36 units, what would be the unit product cost? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req1 Reg 2 Req 3A Req 38 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 $ 4.00 per MH Painting Department S 12.19 per DLH Reg 2 > 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 36 units, what would be the unit product cost? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3A Req Compute the total overhead cost applied to Job 205. (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Total overhead cost 2,314 Req1 Reg 2 Req Reg 38 What would be the total manufacturing cost recorded for Job 205? (Round "Predetermined overhead rate" to 2 decimal pla Round other intermediate calculations and final answers to the nearest dollar amount.) Department Molding Painting Total Direct materials $ 946 1,160 2,106 Direct labor 690 960 1.650 Manufacturing overhead 1.764 550 2,314 Total cost 3,400 IS 2,670 6,070 Pan * Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req Req 3B If the job contained 36 units, what would be the unit product cost? (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations to the nearest dollar amount. Round your final answer to 2 decimal places.) Unit product cost $168.61 per unit (Reg 3A fegan
