Help Save&Exit Subet 4 Check my werk Exercise 2-13 Departmental Predetermined Overhead Rates [LO2-1, LO2-2, LO2-4) 02 White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estmtes Direct labor-hoars Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direet labor-hour 6,600 61,000 60,500 ,300 380,000 412,000 $ 2.00 7 Required: 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 Department Cutting Piniahing 17 Direct labor-hours Machise-hours Direct materials Direct labor cont 83 $790 370 125 425 Using the predetermined overhead rates that you computed in requirement f, compute the sotuctingo 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jos if the company d predetermined overhead rate based on direct labor -hours, rather than using departmental rates? Complete the question by entering your answers in the tabs given below Required Required 2 Required Compute the predetermined overhead rate for each department ound ur a2 Cu per MH overhead rate