n... theducation.com/#/epub/sn_53678#epubcfi (%2F6%2F106%5Bdata-uuid-18ab4561a57041bd96179442191d3f12 University of Florida ! .... * Dutt 1 Bookmarks MSN ... PROBLEM 2-19 Multiple Predetermined Overhead Rates; Applying Overhead LO2-1, LO2-2, LO2- 4 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 cost Variable manufacturing overhead per machine-hour Department Molding Painting 12,000 60,000 70,000 8,000 $497,000 $615,000 $1.50 $2.00 Variable manufacturing overhead per direct labor hour 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 Molding Painting Direct labor hours 30 84 Machine-hours $10 20 Direct materials $770 $1,332 Direct labor cost $525 51.470 Required: Compute the predetermined overhead rates used in the Molding Department and the Painting Department O Et Page 37