Ivanhoe Company uses a job order cost system in each of its three manufacturing departments Manufacturing overhead is applied to jobs on the basis of direct labor costin Department D direct labor hours in Department E, and machine hours in Department K In establishing the predetermined overhead rates for 2022, the following estimates were made for the year, Department E D K $1,279,800 $1,890,000 $972.000 $1,620,000 11 350,000 5486,000 Manufacturing overhead Direct labor costs Direct labor hours Machine hours 108.000 135,000 43,200 432.000 540.000 129.600 The following information pertains to January 2022 for each manufacturing department Department D E K Direct materials used $151200 $136,080 $84.240 Direct labor costs $129.600 $118.800 340.500 Manufacturing overhead incurred $106.920 $133.920 $85320 The following information pertains to January 2022 for each manufacturing department Department D E K Direct materials used $151.200 $136,080 $84 240 Direct labor costs $129,600 $118,800 $40,500 Manufacturing overhead incurred $106,920 $133.920 $85.320 Direct labor hours 8,640 11.880 3.780 Machine hours 36.720 48,600 11.232 a) Your answer is correct Compute the predetermined overhead rate for each department. (Round per mochine bour answers to 2 decimal places, s. 1250 and other answers to decimal places es 12 or 12%) Overhead rate Department D 79 DS ||| ** (b) Your answer is incorrect. Compute the total manufacturing costs assigned to jobs in January in each department Manufacturing Costs Department $ Department $ Department K $ eTextbook and Media