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Homework answers / question archive / 12 Problem 2-19 Multiple Predetermined Overhead Rates; Applying Overhead [LO2-1, LO2-2, LO2-4] 0

12 Problem 2-19 Multiple Predetermined Overhead Rates; Applying Overhead [LO2-1, LO2-2, LO2-4] 0

Accounting

12 Problem 2-19 Multiple Predetermined Overhead Rates; Applying Overhead [LO2-1, LO2-2, LO2-4] 0.23 points 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: eBook Direct labor-hours Machine-hours Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Molding Painting 37,000 53,100 90,000 34,000 $216,000 $472,590 $ 3.00 - $ 5.00 Print References 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 Molding Painting 90 133 370 70 $ 942 $1,220 $ 720 $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 21 units, what would be the unit product cost? 12 VAUVALLAV-AVUN Direct materials Direct labor cost $ 942 $1,220 $ 720 $1,000 0.23 points 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 21 units, what would be the unit product cost? eBook Complete this question by entering your answers in the tabs below. Print Reg 1 Reg 2 Req 3A Req 3B n References Compute the Predetermined Overhead Rates used in the Molding Department and the Painting Department. (Round your answers to 2 decimal places.) Predetermined Overhead Rate Molding Department per MH Painting Department per DLH < Req 1 Req2 > 12 Direct labor-hours Machine-hours Direct materials Direct labor cost EUR LICA MoldingPainting 90 133 370 70 $ 942 $1,220 $ 720 $1,000 0.23 points 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 21 units, what would be the unit product cost? eBook Print Complete this question by entering your answers in the tabs below. n References Req 1 Req 2 Req 3A Req 3B Compute the total overhead cost applied to Job 205. (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Total overhead cost < Req1 Req 3A > 12 VAUVALLAV-AVUN Direct materials Direct labor cost $ 942 $1,220 $ 720 $1,000 0.23 points 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 21 units, what would be the unit product cost? eBook Complete this question by entering your answers in the tabs below. Print Reg 1 Reg 2 Req 3A Req 3B n References What would be the total manufacturing cost recorded for Job 2057 (Round "Predetermined overhead rate" to 2 decimal places. Round other intermediate calculations and final answers to the nearest dollar amount.) Department Molding Painting Total Direct materials Direct labor Manufacturing overhead Total cost < Req2 Req 3B > 12 Direct labor-hours Machine-hours Direct materials Direct labor cost EUR LICA MoldingPainting 90 133 370 70 $ 942 $1,220 $ 720 $1,000 0.23 points 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 21 units, what would be the unit product cost? eBook Print Complete this question by entering your answers in the tabs below. n References Reg 1 Reg 2 Reg 3A Req 3B If the job contained 21 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.) Unit product cost per unit < Req 3A Reg 3B

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