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. 7,000 68,900 Department Cutting Finishing 68,000 1,400 $ 370,000 $ 593,000 $ 3.00 0 0 $3.75 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following: Department Cutting Direct labor-hours Machine-hours Direct materials Direct labor cost Finishing 5 19 82 4 $ 790 $ 370 $ 105 $ 399 Using the predetermined overhead rates you computed in requirement (1), compute the total manufacturing cost assign 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a predetermined overhead rate based on direct labor-hours, rather than using departmental rates? Complete this question by entering your answers in the tabs given below. Required 1 Required 2 Required 3 Using the predetermined overhead rates you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. Note: Round your intermediate calculations and final answer to 2 decimal places. Total manufacturing cost