Fab Furniture has two manufacturing departments-Cutting and Finishing. It considers all of its manufacturing overhead costs to be fixed costs. The overhead estimates for the year and for one job (Order # 75675) completed during the year are shown below. Finishing $3,600,000 60,000 Total Cutting $3,200,000 Estimated Data $ 6,800,000 Manufacturing overhead costs Direct labor-hours Machine-hours 160,000 240,000 100,000 200,000 40,000 Total Finishing 13 Order# 75675 Direct labor-hours Machine-hours Cutting 34 21 16 29 13 Required: 1. Calculate the predetermined overhead rate and the amount of manufacturing overhead applied to Order #75675 assuming Fab Furniture uses a plantwide predetermined overhead rate based on direct labor hours. 2. Fab Furniture is considering using departmental predetermined overhead rates with direct labor-hours as the allocation base in Cutting and machine-hours as the allocation base in Finishing. Calculate the predetermined overhead rate for each department and the manufacturing overhead applied to Order # 75675 using departmental rates. (Round your intermediate calculation to 2 decimal places.) 1. Plantwide predetermined overhead rate Plantwide manufacturing overhead applied to Order #75675 2 Cutting Department predetermined overhead rate Manufacturing overhead applied from Cutting to Order #75675 Finishing Department predetermined overhead rate Manufacturing overhead applied from Finishing to Order #75675 Total departmental manufacturing overhead applied to Order #75675