C raw 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: Cutting Finishing Department 7,400 50,200 89,000 3,800 $ 360,000 $ 570,000 $ 3.00 $ 4.75 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. 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 Department Cutting Finishing 4 20 84 3 $710 5.72 $ 360 $ 360 Direct labor cost 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? Answer is not complete. Complete the question by entering your answers in the tabs given below.. < Prev 7 of 9 Next > Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does Direct labor-hours Machine-hours Direct materials Direct labor cost Department Cutting Finishing 4 84 572 5.360 Using the predetermined overhead rates that you computed in requirement ( compute the total manufacturing cost as 203 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a predetermined overhead rate based on direct labor-hours, rather than using departmental rates? Answer is not complete. Complete the question by entering your answers in the tabs given below. Using the predetermined overheal rates that you computed in requirement (1), compute the total manufacturing cont gned to 203. (Round your needs locations and final art 2 decimal places) > 19 2 2 W E R N 210 5 T MacBook Pro 10 6 Y 7 B 20 9 S D F G H J J ' K x C V B N M H command O