High Desert Potteryworks makes a variety of pottery products that it sells to retailers. The company uses a job-order costing system i which departmental predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Molding Department is based on machine-hours, and the rate in the Painting Department is based on direct labo hours. At the beginning of the year, the company provided the following estimates: Job 205 was stanted on August 1 and completed on August 10. The company's cost records show the following information concerning the job: Required: 1. Compute the predetermined overhead rates used in the Molding Department and the Painting Department