2) Parker Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Casting Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Casting Customizing Machine-hours Direct labor-hours 19,400 15,400 6,500 7,800 Total fixed manufacturing overhead cost $ 129,980 $ 85,020 Variable manufacturing overhead per machine-hour $ 1.90 Variable manufacturing overhead per direct labor-hour $ 3.80 During the current month the company started and finished Job T138. The following data were recorded for this job: Job T138: Machine-hours Direct labor-hours Casting 60 11 Customizing 30 100 a) Calculate the departmental predetermined overhead rate for the Casting Department. b) Calculate the departmental predetermined overhead rate for the Customizing Department. c) What is the amount of overhead applied in the Casting and Customizing Department for Job T138? (20 points)