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 5616,000 $665,280 $1,281,280 Direct labor hours 129,500 125,615 255,115 Machine hours 77,500 79,050 156,550 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 Testing Department Department Total Overhead $92,400 $99,792 $192,192 Direct labor hours 19,425 18,842 38,267 Machine hours 11,625 11,858 23,483 Required: 1. Calculate the predetermined overhead rates for the assembly and testing departments. Round your answers to the nearest cent. Assembly department overhead rate per direct labor hour Testing department overhead rate 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 Machine hours 77,500 79,050 156,550 Glaser uses departmental overhead rates. In the assembly department, overhead is applied on the basis of direct labor hours. In the testing departme applied on the basis of machine hours. Actual data for the month of March are as follows: Assembly Testing Department Department Total Overhead $92,400 $99,792 $192,192 Direct labor hours 19,425 18,842 38,267 Machine hours 11,625 11,858 23,483 Required: 1. Calculate the predetermined overhead rates for the assembly and testing departments, Round your answers to the nearest cent. Assembly department overhead rate per direct labor hour Testing department overhead rate 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 Previous I remaininn