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VILTILULILULILUTUL LULU LUPALLI overhead rate in the Molding Department is based on machine-hours, and the rate in the Painting Department is based on direct labor

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VILTILULILULILUTUL LULU LUPALLI 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 Variable manufacturing overhead per direct labor-hour Department Holding Painting 12,000 60,000 70,000 8,000 $ 497,000 $615,000 5 1.50 $ 2.00 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 labor-hours 30 Machine-hours 20 Direct materials $770 51,332 Direct labor cost $ 525 $1,470 84 110 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 50 units, what would be the unit product cost

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