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: Direct labor-hours Machine-hours Fixed manufacturing overhead coat Variable manufacturing overbend per machine-hour Variable manufacturing overhead per direct labor-hour Department Molding Painting 33,500 57,500 86,000 40,000 $206,400 $529,000 $ 2.60 - 5 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 biect labor cost Department Molding Painting 74 127 310 $1,260 5.720 51,010 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 2057 3-6. If the job contained 36 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Requrile Regured2 Required A Required 38 Compute the predetermined Overhead Rates used in the Molding Department and the Painting Department. (Round your answers to 2 decimal places) Predetermined Ovarta Rate Molding Department Per Detent per DUH per MH Required 2 > Variable and accuring overhead per machine hour Variable manufacturing overhead per direct labor-hour 2.60 - 5 D 4.60 rences 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-hour Direct materials Direct labor coat Department Holding Painting 74 127 310 74 5 932 $1,260 $ 720 $1,010 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 38 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 con point 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: Departat Holding I Direct labor-hours 33.560 57.500 Machine-hora 86,000 40,000 Tied manufacturing overhead coat $206,400 4529,000 Variable manufacturing overhead per machine-hour # 2.60 Variable manufacturing overhead per direct laber-hour 4.60 eBook References Job 205 was started on August and completed on August 10. The company's cost records show the following information concerning the job: Direct labor-hours Machine-hour Direct materiale Direct labor cost Department Molding Painting 74 127 310 74 932 1.260 720 81.010 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 2057 3-b. If the job contained 36 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Required: Required 2 Required SA Requin 35 If the job contained 36 units, what would be the unit product Cou? (Round "Predetermined overhead rate to 2 decima places. Round other intermediate calculations to the nearest dollar amount. Round your final answer to 2 decimal places) Un pret per un
