Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Assembly Department Testing Department Total Overhead $540,000 $658,800 $1,198,800 Direct labor hours 99,000 99,000 198,000 Machine hours 59,500 35,105 94,605 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 $75,600 $92,232 $167,832 Direct labor hours 13,860 13,860 27,720 Machine hours 8,330 4,915 13,245 Required: 1. Calculate the predetermined overhead rates for the assembly and testing departments. Round your answers to the nearest cent. Assembly department overhead rate $fill in the blank 1 5.45 per direct labor hour Testing department overhead rate $fill in the blank 2 6.66 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 $fill in the blank 3 5.52 Testing department $fill in the blank 4 6.65 3. By how much has each department's overhead been overapplied? Underapplied? Assembly department Underapplied $fill in the blank 6 Testing department Overapplied $fill in the blank