Required: Compute the predetermined overhead rates used in the Molding Department and the Painting Department....
70.2K
Verified Solution
Link Copied!
Question
Accounting
Required: 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 its unit product cost? Complete this question by entering your answers in the tabs below. What would be the total mamufacturilid cost recorded for Job 205? Note: Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest flollar amount. High Desert Potteryworks makes a variety of pottery products that it sells to retallers. The company's job-order costing system uses departmental predetermined overhead rates 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: Job 205 was started on August 1 and completed gn August 10. The company's cost records show the following information concerning the job: 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 its 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. Note: Round your answers to 2 decimal places. 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 its unit product cost? Complete this question by entering your answers in the tabs below. Compute the total overhead cost applied to Job 205. Note: Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answer the nearest dollar amount. Required: Compute the predetermined overhead rates used in the Molding Department and the Painting Department. 2. Compute the total overhead cost applled 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 its unit product cost? Complete this question by entering your answers in the tabs below. If the job coptained 36 units, what would be its unit product cost? Note: Round predetermined overhead rate" to 2 decimal places. Round other intermediate calculations to the nearest dollar amount. Rount 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 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 36 units, what would be its unit product cost
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!