15 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 labor-hours. At the beginning of the year, the company made the following estimates points efloos P References Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Required: 1. Compute the predetermined overhead rate for each department Department Cutting Finishing 6,200 52,400 $ 350,000 $3.00 66,000 3,800 $460,000 33.75 2. The job cost sheet for Job 203, which was started and completed during the year showed the following Direct labor-hours Machine-hours Direct materials Direct labor cost Department Cutting Finishing 4 16 5.798 5.92 $ 360 5348 Using the predetermined overhead rates that you computed in requirement (1) compute the total manufacturing cost assigned to Job 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates? Direct labor cost $92 $368 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates? Complete the question by entering your answers in the tabs given below. Required 1 Required 2 Required 3 Compute the predetermined overhead rate for each department. (Round your answers to 2 decimal places.) Predetermined overhead rate Cutting Department Finishing Department per MH per DLH Required 2 > Check my work Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assignee 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plan= predetermined overhead rate based on direct labor-hours, rather than using departmental rates? Complete the question by entering your answers in the tabs given below. Required 1 Required 2 Required 3 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. (Round your intermediate calculations and final answer to 2 decimal places.) Total manufacturing cost 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 labor-hours. At the beginning of the year, the company made the following estimates. Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Required: 1 Compute the predetermined overhead rate for each department. Department Cutting Finishing 6,200 52,400 $390,000 $ 3.00 66,000 3,800 $ 460,000 0 $3.75 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following Department Direct labor-hours. Machine-hours Direct eaterials: Direct labor cost Cutting Finishing 4 16 89 5790 $.360 3.92 $360 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203 Return to wweig estimat Direct labor-hours Machine-hours total fixed manufacturing overhead cost VanLabufacturing overhead per wachine-hour Veritable mufacturing overhead per direct labor-hour Required 1 Compute the predetermined overhead rate for each department Finishing Department Cutting 4,200 $550,000 13.00 16,000 3,000 $460,000 $3.75 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following Direct labor-hours Machine-hosis Direct materials Direct labor ca Department Cutting Finishing 14 89 26 790 592 $368