Blast t" said Dav either too high to get the job or too low to make any money on half the jobs we bid. id Wilson, president of Teledex Company. We've just lost the bid on the Koopers job by $3,000. It seems we're Teledex Company manufactures products to customers' specifications and uses a job-order costing sys ned overhead rate based on direct labor cost to apply its manufacturing overhead (assumed to be all fixed) to ntwide predetermi jobs. The following estimates were made at the beginning of the year: Fabricating MachiningAssembly Total Plant Manufacturing overhead Direct labor 372.750 $ 426,000$95.850 894,600 213,000 106,500 $ 319,500639,000 in the three departments. The Koopers job, for example, would have required manufacturing Jobs require varying amounts of work costs in the three departments as follows partment FabricatingMachining Aasembly Total Plant Direct materiala Direct labor Manufacturing overhead $4,300 $5, 400 s 300 $ 600 $2,700 $7,500 S 7,300 $13,500 Required: 1 Using the company's plantwide approach: a Compute the plantwide predetermined rate for the current year b. Determin e the amount of manufacturing overhead cost that would have been applied to the Koopers job. 2. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined 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