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 Direct labor-hours Machine-hours Variable manufacturing overhead per machine-hour Fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour Molding 36,000 85,000 $ 255,000 Painting 54,500 39,000 $512,300 $ 2.40 8 $ 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: Department Molding Painting. 73 129 Direct labor-hours Machine-hours Direct materials 310 74 $ 936 Direct labor cost $ 700 $ 1,220 $1,000 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 28 units, what would be the unit product cost?