50.1K

Verified Solution

Link Copied!

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 27 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department. (Round your answers 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 27 units, what would be the unitproduct cost? Complete this question by entering your answers in the tabs below. Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department. (Round your 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? 3b. If the job contained 27 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. What would be the total manufacturing cost recorded for Job 205? (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information conc 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? 3b. If the job contained 27 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. If the job contained 27 units, what would be the unit product cost? (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.) Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information cone 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 ? 3b. If the job contained 27 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Compute the total overhead cost applied to Job 205. (Round "Predetermined overhead rate" to 2 decimal places, Round other intermediate calculations and final answer to the nearest dollar amount.)

Answer & Explanation Solved by verified expert

See Answer