Ch 2 HW 3 Exercise 2-13 Departmental Predetermined Overhead Rates (L02-1, LO2-2, LO2.4) White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor hours. At the beginning of the year, the company made the following estimates Department Cutting Finishing 9.000 36. 3.00 5 350, 49e, see 5 3 Total fixed manufacturing overhead cost Vanufacturing overhead per sachhour variante tantacturing overhead per direct later hour 10.10 Required: 1. Compute the predetermined overhead rate for each department 2 The job cost sheet for Job 203, which was started and completed during the year, showed the following Direct labor.hr Machin-hours Direct trials Direct labor cost Department Cutting Fishing 16 89 17 111 203 Using the predetermined overhead roles that you computed in requirement in compute the total manufacturing cost assigned to Job 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor hours, rather than using departmental rates? Complete the question by entering your answers in the tabs given below. Required 1 Required 2 Required Compute the predetermined overhead rate for each department (Round your answers to 2 decimal places.) Department Cutting Precotermined overhead rate per MH per DLH S Raja Required 2 > Ch 2 HW 3 Exercise 2-13 Departmental Predetermined Overhead Rates [LO2-1, LO2-2, LO2.4) White Company has two departments, Cutting and Finishing. The company uses a job order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the finishing Department bases its rate on direct labor hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing 9. 57. 3,10 5. $ 40,00 5 2.00 turing overhead cost De overhead chinhour ting overhead ar direct tabarbour Required Compute the predetermined overhead rate for each department 2. The ob cost sheet for Job 203, which was started and completed during the year, showed the following olract lobor-hours hours Depart Cutting 16 39 5 53 12 Direct labor cost Using the predetermined overhead rates that you computed in requirement compute the total manufacturing cost assigned to Job 203 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor hours, rather than using departmental rates? Complete the question by entering your answers in the tabs given below. Required Required 2 Required Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. Round your intermediate calculation to a decimal places and your finalawwer to the nearest dollar Show less 3. Exercise 2-13 Departmental Predetermined Overhead Rates [LO 2-4, LO2-2, LO2-4) White Company has two departments, Cutting and Finishing The company uses a job order casting system and computes predetermined overhead rate in each department. The Cutting Department bases is one on machine hours and the Pishing Deoartment bases its rate on direct labor hours. At the beginning of the year, the company made the following estimates Cute le manufacturing overhead perwachine-hour le manufacturing overhead per direct labore Required: Compute the predetermined overhead rate for each department 2 The job cost sheet for job 203. which was started and completed during the year, showed the following Department Cutting in Direct labor hours 16 89 Direct labor cost Using the predetermined overhead rates that you computed in requirement it.compute the total manufacturing cost assigned to Job 203 2 Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantide predetermined overhead rate based on direct labor hours, rather than using departmentaires Complete the question by entering your answers in the tabs given below. Required Required wird Would you expect antally different of overhead out to be syned to come be the company w plantele predetermined everhead rate based on direct labor hours, rather than using departmental rates Me