Question: Required: 1 . Compute the predetermined overhead rate used during the year in the Molding Department. Compute the rate used in the Painting Department. 2

 Required: 1. Compute the predetermined overhead rate used during the year

Required:
1. Compute the predetermined overhead rate used during the year in the Molding Department. Compute the rate used in the Painting Department.
2. Compute the total overhead cost applied to Job 205.
3. What would be the total cost recorded for Job 205? If the job contained 50 units, what would be the unit product cost?
4. At the end of the year, the records of High Desert Potteryworks revealed the following actual cost and operating data for all jobs worked on during the year:
5. What was the amount of under- or overapplied overhead in each department at the end of the year?
in the Molding Department. Compute the rate used in the Painting Department.

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