PROBLEM 3-24 Multiple Departments, Applying Overhead [LO3-1, L03-2, 103-3, 103-7] 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 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'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. Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job. Zesuired: Compute the predetermined overhead rate used during the year in the Molding Department. Compute the rate used in the Painting Department. = Compute the total overhead cost applied to Job 205. E. That would be the total cost recorded for Job 205 ? If the job contained 50 units, what would je the unit product cost? - 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: Wat was the amount of underapplied or overapplied overhead in each department at the end of zy tear