Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Required: 1. Compute the predetermined overhead rate for each department. Department Finishing 30,000 5,000 $ 366,000 Cutting 6,000 48,000 $264,000 $2.00 $ 4.00 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following: Direct labor-hours Machine-hours Direct materials Direct labor cost. Department Cutting Finishing 6 80 20 4 $ 500 $108. $ 310 $ 360 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 this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the predetermined overhead rate for each department. (Round your answers to 2 decimal places.) < Prev 3 of 3 Next Complete this question by entering your answers in the tabs below. Required 1 Required 21 Required 3 Compute the predetermined overhead rate for each department (Round your answers to 2 decimal places.) Cutting Department Finishing Department Predetermined overhead rate S 7.50 per MH $ 162.00 per DLH Hoared t Required 2 > 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 hours Machine-hours Direct materials Direct labor cost Dipartiment Cutting Finishing 6 20 BO $500 $108 $350 $300 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 this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. (Round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount) Total manufacturing cost < Required 1 Required 3 >