1 White Company has two departments: cutting and finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labour cost. At the beginning of the year, the company made the following estimates: Direct labour-hours Machine-hours Manufacturing overhead cost Direct labour cost Predetermined overhead rate Department S Cutting 5,600 46,500 $423,150 $ 56,000 Required: 1. Compute the predetermined overhead rate to be used in each department. (Round your answers to 2 decimal places.) Finishing 33,600 3,600 $527,250 $285,000 Cutting 75 56 per MH Department Finishing 185.00 % of DLC 2. Assume that the overhead rates that you computed in Requirement (1) are in effect. The job cost sheet for job 203, which was started and completed during the year, showed the following: Department Cutting Finishing

White Company has two departments: cutting and finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labour cost. At the beginning of the year, the company made the following estimates: Required: 1. Compute the predetermined overhead rate to be used in each department. (Round your onswers to 2 decimol ploces.) 1equired: 2. Assume that the overhead rates that you computed in Requirement (1) are in effect. The jab cost sheet for job 203 , which was started and completed during the year, showed the following