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only answer for home work Petty Corporation has two production departments, Milling and Finishing. The company uses a job-order costing system and computes a predetermined

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Petty Corporation has two production departments, Milling and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department, The Milling Department's predetermined overhead rate is based on machine- hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Milling Finishing Machine-hours 20,000 14,000 Direct labor-hours 2,000 8,000 Total fixed manufacturing overhead cost 148,000 5 88,000 Variable manufacturing overhead per machine-hour 1.90 Variable manufacturing overhead per direct labor-hour 3.60 The predetermined overhead rate for the Finishing Department is closest to: $14.60 per direct labor-hour $11.00 per direct labor-hour $5.84 per direct labor-hour O $3.60 per direct labor.hour Time left for this

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