Chapter 2 Assignment Saved Problem 2-19 (Algo) 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 retallers. 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 Pechine-hours Fixed manufacturing overhead cost Mariable manufacturing overhead per machine-hour Mariable manufacturing overhead per direct labor-hour Department Polding Painting 40,000 39,000 $ 249,00 $1,000 35,000 $530,000 $2.40 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 achine-hours Direct materials Direct labor cost Required: Department Molding 75 Painting 330 134 71 $1938 5730 $ 1,100 $900 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 31 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 Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department (Round your answers to 2 decimal places.) Molding Department Painting Department Predetermined Overhead Rate per MH per DLH Required 1 Required 2 > Chapter 2 Assignment Saved Problem 2-19 (Algo) 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: Department Polding PRIFTS/E Direct labor-hours machine-hours Fixed manufacturing overhead cost variable manufacturing overhead per machine-hour variable manufacturing overhead per direct labor-hour $ 249,200 $530,000 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 Pechine-hours Direct materials birect labor cost Department miting 75 PRintang IM $3,300 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 31 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 Compute the total overhead cost applied to Job 205. (Ked "Predtemmed overhead reta" to 2 decimal places Round other intermediate calculations and final anavers to the nearest dollar amount) Total that ed Chapter 2 Assignment Saved Problem 2-19 (Algo) 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 Polding Fing 51,000 35,000 $2.00 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 reterials Direct labor cost Required: Department molding Pain 75 134 $938 8.730 $1,100 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 31 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 deomal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Molding Department Painting Department Direct materials Direct labor Manufacturing overhead Total cost ces Problem 2-19 (Algo) Multiple Predetermined Overhead Rates; Applying Overhead [LO2-1, LO2-2, LO2-4] High Desert Patteryworks 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 variable manufacturing overhead per direct labor-tour Department Folding PROSITE $3,000 $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 Direct labor-hours machine-hours Direct trials Direct labor cost molding 75 134 330 8.938 71 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 31 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 34 Required 3 If the job contained 31 units, what would be the unit product coath (Round "Predetarmad sad the 2 dedmal plates. Keund other intermediate calculations to the nearest dollar amount. Round your final anaver to 2 decimal places) Unit product ca per unit