Diewold Company has two departments, Milling and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Milling Department bases its rate on machine-hours, and the Assembly Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Milling Direct labor-hours 72,000 3,200 S 380,000 S 516,000 7.400 65,100 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 4.00 3.75 Required 1. Compute the predetermined overhead rate to be used in each department. (Round your answers to 2 decimal places.) Department Milling Assembly per MH per DLH rate 2. Assume that the overhead rates you computed in (1) above are in effect. The job cost sheet for Job 407 which was started and completed during the year, showed the following Direct labor-hours 16 83 770 S Materials requisitioned Direct labor cost 390 150 36 S Compute the total manufacturing cost assigned to Job 407. (Round your intermediate and final answers to 2 decimal places.) cost