Calculator 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 $341,000 $293,260 $634,260 Direct labor hours 72,500 37,700 110,200 Machine hours 92,250 86,715 178,965 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 $34,100 $29,326 $63,426 Direct labor hours 7,250 3,770 11,020 Machine hours 9,225 8,672 17,897 Required: 1. Calculate the predetermined overhead rates for the assembly and testing departments. Round your answers to the nearest cent. per direct labor hour Assembly department overhead rate Testina denartment.overhead.rate Iner machine hour H Calculator 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 $34,100 $29,326 $63,426 Direct labor hours 7,250 3,770 11,020 Machine hours 9,225 8,672 17,897 Required: 1. Calculate the predetermined overhead rates for the assembly and testing departments. Round your answers to the nearest ocent. 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. Ir 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