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I just need help with required 2 White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a

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I just need help with required 2

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 labor-hours. At the beginning of the year, the company made the following estimates: Cutting Finishing Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour 60,000 3, 900 s 380,000 S 594,000 8, 800 69,300 S 3.00 S 4.75 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: Cutting Finishing rs 12 Machine-hours Direct materials Direct labor cost 82 710 $ 360 s84 $252 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide

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