2. Suppose that instead of using a plantwide predetermined overhead rate, the overhead rates based on direct labor cost. Under these conditions a. Compute the predetermined overhead rate for each department for the current year b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. company had used departmental predetermined 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor and applied overhead). a. What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b. What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the jabs below Req 1A Req 18 Req 2A Req 28 Req tA Reg 48 Assume that it is customa ry in the industry tobidjobs at 150% of total maa hering eet direct matee applied overhead) What wae the comeany's bid price on the Koopers Job using a plant wide eredetermined ompany's bid price overhead rate? C Rea 28 8aq 48 > 2. Suppose that instead of using a plantwide predetermined overhead rate, the overhead rates based on direct labor cost. Under these conditions a. Compute the predetermined overhead rate for each department for the current year b. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job. company had used departmental predetermined 4. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor and applied overhead). a. What was the company's bid price on the Koopers job using a plantwide predetermined overhead rate? b. What would the bid price have been if departmental predetermined overhead rates had been used to apply overhead cost? Complete this question by entering your answers in the jabs below Req 1A Req 18 Req 2A Req 28 Req tA Reg 48 Assume that it is customa ry in the industry tobidjobs at 150% of total maa hering eet direct matee applied overhead) What wae the comeany's bid price on the Koopers Job using a plant wide eredetermined ompany's bid price overhead rate? C Rea 28 8aq 48 >