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 laber-hours Machine-hour Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Molding Painting 32,500 50,900 B1,000 37,000 $218.700 5468,280 $ 3.00 5 5.00 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 laber-hours 126 67 Direct materials $ 934 $1,220 Direct Labor coat 5 710 6 980 79 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? 3-5. If the job contained 26 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Next >