Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following: Overhead Direct labor hours Machine hours Assembly Department Testing Department Total $374,000 $396,440 $770,440 160,500 176,550 337,050 82,000 97,580 179,580 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 $52,360 $55,502 $107,862 Direct labor hours Machine hours 22,470 11,480 24,717 47.187 13,661 25,141 Required: 1. Calculate the predetermined overhead rates for the assembly and testing departments. Round your answers to the nearest cent. Assembly department overhead rate i Testing department overhead rate per direct labor hour per machine hour