203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company u predetermined overhead rate based on direct labor-hours, rather than using departmental rates? Complete the question by entering your answers In the tabs glven below. Required 2 Required 1 Required 3 Compute the predetermined overhead rate for each department. (Round your answers to 2 decimal places.) Department Cutting 9.48 per MH Finishing Predetermined overhead rate 9.67 per DLH 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 ditect labor-hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing Direct labor-hours 6,800 50, 800 $ 380,000 $ 450, 000 65, 000 Machine-hours 3,400 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 2.00 S 2.75 Required: 1. Compute the predetermined overhead rate for each department. 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following: Department Cutting Finishing Direct labor-hours Machine-hours Direct materials Direct labor cost 5 11 4 87 $720 $ 90 $380 $198 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 11ie JUL LUSI SIeet u JUU va, wn was sta u aiu conCeu uuny uie yeal, SIRUWEU u r UUWy- Departeent Cutting Finishing Direct labor-hours Machine-hours 11 87 4 ts Direct materials $720 $380 $198 S 90 Direct labor cost eBook Using the predetermined overhead rates that you computed in requirement (), compute the total manufacturing cost assigned to Job Print 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? ferences Complete the question by entering your answers in the tabs given below. Required 2 Required 3 Required 1 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. (Round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) Total manufacturing cost
