Question: Need help with this. Compute the total overhead cost applied to Job 205. Note: Round Predetermined overhead rate to 2 decimal the nearest dollar amount.

 Need help with this. Compute the total overhead cost applied to

Job 205. Note: Round "Predetermined overhead rate" to 2 decimal the nearest

dollar amount. What would be the total manufacturing cost recorded for Job

205? Note: Round "Predetermined overhead rate" to 2 decimal places. Round othe

the nearest dollar amount. \begin{tabular}{|l|l|l|} \hline & PredeterminedOverheadRate \\ \hline Molding Department

Need help with this.

Compute the total overhead cost applied to Job 205. Note: Round "Predetermined overhead rate" to 2 decimal the nearest dollar amount. What would be the total manufacturing cost recorded for Job 205? Note: Round "Predetermined overhead rate" to 2 decimal places. Round othe the nearest dollar amount. \begin{tabular}{|l|l|l|} \hline & PredeterminedOverheadRate \\ \hline Molding Department & per MH \\ \hline Painting Department & per DLH \\ \hline \end{tabular} If the job contained 50 units, what would be the unit product cost? Note: Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate amount. Round your final answer to 2 decimal places. 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 laborhours. At the beginning of the year, the company provided 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: 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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!