need help on these 2 questions

Chap. 2. Compute. Use OH Rate. Ex-2-13 Help Save Exit Submit Check my work 1 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: 7 point Direct labor-hours Machine-hour Total fixed Manufacturing overhond cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 7,500 80,000 55.000 5.400.000 5 495,000 2.00 6.75 Berences 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: Direct labor-hours Machine-hours Direct materials Direct labor cost Department Cutting Finishing 12 85 $750 $390 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 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 1 Required 2 Required 3 Compute the predetermined overhead rate for each department. (Round your answers to 2 decimal Department Cutting Finishing Predetermined overhead rate per MH per DLH Rood 1 Required 2 Required 1 Required 2 Required 3 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. (Round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) Total manufacturing cost 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: Department Cutting Finishing Direct labor-hours 7,500 80,000 Machine-hours 55,800 2,900 Total fixed manufacturing overhead cost $400,000 $495,000 Variable manufacturing overhead per machine- hour 2.00 Variable manufacturing overhead per direct 4.75 labor-hour $ $ 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 I year, showed the following: Department CuttingFinishing Direct labor-hours 5 12 Machine-hours 85 6 Direct materials $ 750 $ 390 Direct labor cost $ 90 $ 216 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 predetermined overhead rate based on direct labor-hours, rather than using departmental rates