High Desert Potteryworks makes a varlety of pottery products that it sells to retoilers, such as Home Depot. The company uses a joborder costing system in which predetermined overhead rates ore used to apply manufacturing overhead cost to jobs. The predetermined overhend rate in the Moulding Doportment is based on machinc-hours, and the rate in the Painting Department is based on direct labour cost: At the beginning of the yeac the company's manopement made the following cstimates: Job 205 was stanted on August 1 and completed on August 10. The campany's cost records show the following intormotion concecning the job: Required: 1. Compute the predetermined overhead rate used during the year in the Moulding Department. Compute the rate used in the Painting Department. (Round "Cost per machine-hour" answer to 2 decimal places.) 2. Compute the total overhead cost applied to Job 205. (Do not round intermediate calculations, Enter your answer rounded to the nearest whole dollar.) 3-a. What would be the total cost recorded for Job 205? (Do not round intermediate calculations. Enter your answers rounded to the nearest whole dollar.) 3-b. If the job contained 60 units, what would be the cost per unit? (Do not round intermediate calculations and round your fin answer to 2 decimal places.) 4. At the end of the year, the records of High Desert Potteryworks revealed the following actual cost and operating data for all jobs worked on during the year: What was the amount of under-or overapplied overhead in each department at the end of the year? (Do not round intermediate calculations.) High Desert Potteryworks makes a variety of pottery products that it sells to retailers, such as Home Depot. The company uses a job-order costing system in which predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Moulding Department is based on machine-hours, and the rate in the Painting Department is based on direct labour cost. At the beginning of the year, the company's management made the following estimates: Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job