Check my work 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: Cutting Finishing 71,000 3,000 s 400,000 553,000 pir Machine-hours 8,400 66,400 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour $4.00 $ 2.75 Variable manufacturing overhead per direct labor-hour 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: Cutting Finishing 19 Di Machine-hours Direct materials Direct labor cost 90 $760 $360 $120 $ 456 ined overhead rates that you computed in requirement (0), 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 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. k my work 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: Department cutting Finishing 19 90 $760 $120 $360 Direct labor cost ces Using the predetermined overhead rates that you computed in requirement (1), 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 1Required 2 Required 3 Compute the predetermined overhead rate for each department. (Round your answers to 2 decimal places.) Department Cutting per DLH per MH rate Required 2 Help Save& Exit Submit Check my work 1. Compute the predetermined overhead rate tor each department. 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following: Cutting Finishing Direct labor-hours 19 90 $760 $120 Direct materials Direct labor cost $360 $456 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job ces 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 1 Required 2 Required3 assigned to Job 203. (Round your intermediate calculations to 2 decimal places and your final answer to the nearest dollar amount.) Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost Show less Required 3 > K Required 1 K Prev 4 of 8l! Next >