req3a&3b

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 Department Holding Painting Direct labor-hours 15,500 57.100 Machine-hours 13,000 32.000 Fixed manufacturing overhead cost $ 232,400 $ 331,030 Variable manufacturing overhead per machine-hour $ 2.40 Variable manufacturing overhead per direct labor-hour $4.40 Job 205 was started on August and completed on August 10. The company's cost records show the following information concerning the job Direct labor-hours Machine hours Direct materials Direct labor cost Department Holding Painting 63 13 360 74 $938 $1,220 $ 440 $960 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 33 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3A Required 38 What would be the total manufacturing cost recorded for Job 2057 (Round "Predetermined overhead rate to 2 decimal places Round other intermediate calculations and final answers to the nearest dollar amount.) Molding Department Painting Department Total Direct materials Direct labor Manufacturing overhead Total cost 0 0 0 0 $ Os 05 und Required 38 > 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 Department Holding Painting Direct labor-hours 35,500 57.100 Machine hours 83,000 32,000 Fixed manufacturing overhead cost $ 232,400 $ 531,030 Variable manufacturing overhead per machine-hour 5 2.40 Variable manufacturing overhead per direct labor hour $ 4.40 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job: Direct labor-hours Machine-hours Direct materials Direct Labor cost Department Molding Painting 83 133 380 74 $938 $1,220 $ 740 $ 960 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 33 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3A Required 3B If the Job contained 33 units, what would be the unit product cost? (Round "Predetermined overhead ratato 2 decimal places. Round other intermediate calculations to the nearest dollar amount. Round your final answer to 2 decimal places) per unit Unit product on