Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Testing Department Department Total Overhead $368,000 $401,120 $769,120 Direct labor hours 65,000 57,850 122,850 Machine hours 112,500 114,750 227,250 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 $36,800 $40,112 $76,912 Direct labor hours Machine hours 6,500 5,785 12,285 11,250 11,475 22,725 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 3. By how much has each department's overhead been overapplied? Enter the amount and then select either "Overapplied" or "Underapplied". If applicable, enter underapplied amounts beginning with a minus (-) sign. Assembly department Testing department $ $