Departmental Overhead Rates Lansing, Inc., provided the following data for its two producing departments: Molding Polishing Total Estimated overhead $400,000 $60,000 $460,000 Direct labor hours (expected and actual): Form A 1,000 5,000 6,000 Form B 4,000 15,000 19,000 Total 5,000 20,000 25,000 Machine hours: Form A Form B Total 3,600 3,000 6,600 1,400 2,000 3,400 5,000 5,000 10,000 Machine hours are used to assign the overhead of the Molding Department, and direct labor hours are used to assign the overhead of the Polishing Department. There are 20,000 units of Form A produced and sold and 50,000 of Form 8. Required: 1. Calculate the overhead rates for each department