Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Department Overhead Direct labor hours Machine hours Testing Department Total $561,000 $561,000 $1,122,000 168,000 85,250 201,600 86,103 369,600 171,353 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the month of March are as follows: Assembly Department Testing Department Total Overhead $67,320 $67,320 $134,640 Direct labor hours 20,160 24,192 44,352 Machine hours 10,230 10,332 20,562 Required: 1. Calculate the predetermined overhead rates for the assembly and testing departments. Round your answers to the nearest cent. Assembly department overhead rate Testing department overhead rate per direct labor hour per machine hour applied on the basis of machine hours. Actual data for the month of March are as follows: Assembly Department Testing Department Total Overhead $67,320 $67,320 $134,640 Direct labor hours Machine hours 20,160 10,230 24,192. 44,352 10,332 20,562 Required: 1. Calculate the predetermined overhead rates for the assembly and testing departments. Round your answers to the nearest cent. Assembly department overhead rate Testing department overhead rate per direct labor hour per machine hour 2. Calculate the overhead applied to production in each department for the month of March. If required, round your answers to nearest whole value. Assembly department Testing department 3. By how much has each department's overhead been overapplied? Underapplied? Assembly department Testing department Overapplied Underapplied D