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High Desert Potteryworks makes a varlety 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 varlety 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 Paint Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 38,500 52,100 87,000 37,000 $217,500 $448,060 $ 3.20 -5.20 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job: Department MoldingPainting Direct labor-hours Machine-hours Direct materials Direct labor cost 130 72 $ 936 $1,300 S 680 $1,010 7 6 320 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 25 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below Req1 Req 2 Req 3A Req 3B Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department. (Round your answers to 2 decimal places.) Molding Department Painting Department per MH per DLH Req 1 Req 2 >

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