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 Direct labor hours $703,000 150,500 $731,120 177,590 Machine hours 70,250 63,225 $1,434,120 328,090 133,475 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: Testing Department Assembly Department Total Overhead $70,300 $73,112 $143,412 Direct labor hours 15,050 17,759 32,809 Machine hours 7,025 6,323 13,348 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 Underapplied Underapplied Snipping Tool New Mode O Dela Select the snip mode using the Mod button.