- 5 20 A 643994 Sous High Desert Foneyworks Makes A Variety Of Pottery Products That It Sells To Retales The Company Uses 1 (29.36 KiB) Viewed 22 times
- 5 20 A 643994 Sous High Desert Foneyworks Makes A Variety Of Pottery Products That It Sells To Retales The Company Uses 2 (31.49 KiB) Viewed 22 times
- 5 20 A 643994 Sous High Desert Foneyworks Makes A Variety Of Pottery Products That It Sells To Retales The Company Uses 3 (31.49 KiB) Viewed 22 times
- 5 20 A 643994 Sous High Desert Foneyworks Makes A Variety Of Pottery Products That It Sells To Retales The Company Uses 4 (26.28 KiB) Viewed 22 times
- 5 20 A 643994 Sous High Desert Foneyworks Makes A Variety Of Pottery Products That It Sells To Retales The Company Uses 5 (26.28 KiB) Viewed 22 times
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:
Direct labor-hours
Machine-hours
Fixed manufacturing overhead cost
Variable manufacturine overhead per machine-hour
Variable manufacturing overhead per direct labor-hour
Department
Molding
Painting
38,500
50,600
81,000
37,000
$259,200 $500,940
2.20
4.20
Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning
the job:
Direct
Labor-hours
Machine-hours
Direct materials
Direct labor cost
Department
MoldingPainting
79
320
131
72
936
$1,160
710
900
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 37 units, what would be the unit product cost?
5 20 A 643994 sous High Desert Foneyworks makes a variety of pottery products that it sells to retales. The company uses a job-onder coding which departmental predetermined overhead races are used to apply manufacturing overhead cost to jobe. The predimet overhead rate in the Molding Department is based on machine hours and the rate in the Punding Department based on de hours At the beginning of the year, the company provided the following estimates Directors Machers Fefecturing verhad cont Variable facturing verhoed per chie labasanufacturing overhead per direct later tour Bic Labor-hours ciner Direct Direct later cast Job 205 was started on August 1 and completed on August 10 The company's cost records show the following v the job Deportaron waitingPainting 79 136 321 Maldit miting Fing $1,000 17.000 $2,400,40 72 1130 $18 1.4.20 Required Coroute the predetermined overhead tates used in the Modrg Department and the Patr 2 Compute the lo 200 aveted cost applied to 35 What would be the total manufacturing contrecceded for Jun 205 the job contained 37 uns, what would be the un product.com Complete this question by anting your answers in the tabs below THE 2 e36 Compute the Pradecermined ad Rated in the Hng Departmeid negat Set 2 decimal placas) Predsed Overhead Help Sent
0 brats Enabled: Midterm Exam i 5 High Desert Potteryworks makes a vanety 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 043758 ellook Direct labor hours Hachine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor hour direct labor hours Machine-hours Oirect materials Direct labor cost Department HoldingPainting 29 110 1914 $1,300 5 7101960 Job 205 was started on August 1 and completed on August 10 The company's cost records show the following information concerning the job 131 22 Seved Molding 38,500 Painting 50,000 81,000 37,000 1259,200 $500,940 $2.20 $4.20 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 37 units, what would be the unit product cost? Complete this question by entering your answers in the tabs below. Help Save & Exim
20 5 High Deset Putteryworks makes a variety of pottery products that it ses 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 case in the Painting Department is based on direct labor hours. At the beginning of the year, the company provided the following estimates HEIGH Direct Labor-hors Machine Nurs Find rufacturing overhead cast Variable facturing overheat per machine hour Valable f everhead per direct la Direct Labor-tours Machiner Direct materials Direct laborunt Job 205 was started on August 1 and completed on August 10 The company's cost records show the following information concerning the job Poleingainting 320 1911,140 $750 Ne 2 AN 72 iding Painting 30.100 $5,000 37,000 $299,100 $100,0 X Required 1 Compute the predetermined overhead retes 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 cast recorded Job 205 3. If the job contained 37 units, what would be the unit pro 100 Complete this question by entering your answers in the tabs below. 4.30 18 Compute the determined Overhead Rates used in the Holding Department and the Painting Department you answers to 2 decimal places) Pred Overd