Hei White Company has two departments: cutting and finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labour cost. At the beginning of the year, the company made the following estimates: Direct labour-hours Machine-hours Manufacturing overhead cost Direct labour cost Department Cutting Finishing 5,000 21,800 45,000 3,000 $382,500 $498,000 $ 75,000 $323,400 Required: 1. Compute the predetermined overhead rate to be used in each department. (Round "Cutting Department" answer to 2 decimal places and "Finishing Department" answer to nearest whole percent.) Cutting Department Finishing % of DLC Predetermined overhead rate per MH 2. Assume that the overhead rates that you computed in Requirement (1) are in effect. The job cost sheet for job 203, which was started and completed during the year, showed the following: Department Cutting Finishing Direct labour-hours 20 Machine hure 6 RA 4