Question: Homework Ch 03 4 10 points Seved Help Save & Exit Submit Check my work High Desert Potteryworks makes a variety of pottery products




Homework Ch 03 4 10 points Seved Help Save & Exit Submit Check my work 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-hourn eBook Fixed manufacturing overhead cost Variable manufacturing overhead per machine-bour Variable manufacturing overhead per direct labor-hour Department Molding Painting 31,500 85,000 $ 246,500 59,700 32,000 $ 561,180 $2.20 0 0 $4.20 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job: Holding Department Painting Machine-hours Direct labor-hours Direct materials 76 320 129 74 $ 938 Direct labor cost $720 $ 1,280 $980 Required: 1. Compute the predetermined overhead rates used in the Molding Department and the ainting 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 36 units, what would be the unit product cost? in the tabs below. k 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 36 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 Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department. Note: Round your answers to 2 decimal places. Molding Department Painting Department Predetermined Overhead Rate per MH per DLH Required 1 Required 2 > 10 points Direct labor-hours Machine-hours Direct materials Molding 76 Painting 129 320 74 $ 938 $ 1,280 Direct labor cost $ 720 $ 980 eBook 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 36 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. Note: Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount. Total overhead cost eBook 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 36 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 205? Note: Round "Predetermined overhead rate" to 2 decimal places, Round other intermediate calculations and final answers to the nearest dollar amount. Direct materials Direct labor Manufacturing overhead Total cost Molding Painting Department Department Total eBook Mc Graw 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 36 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 If the job contained 36 units, what would be the unit product cost? Note: Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations to the nearest dollar amount. Round your final answer to 2 decimal places, Unit product cost per unit
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