Open spreadsheet Required: 1. Calculate the predetermined overhead rates for the cutting and sewing departments. Round your answers to the nearest cent Overhead rate for Cutting Department: Overhead rate for Sewing Department: 1.5 X per machine hour 3.3 X per direct labor hour 2. Calculate the overhead applied to production in each department for the month of June. Do not round intermediate calculations. Round your answers to the nearest dollar. Overhead applied to Cutting Department in June: Overhead applied to Sewing Department in June: 33,104 X 124,575 x 3. By how much has each department's overhead been overapplied or underapplied? Round your answers to the nearest dollar. Cutting Department: -12,414 X overapplied Sewing Department: -86,825 X overapplied -x Feedback Check My Work 1. Divide estimated overhead costs by the estimated activity level. 2. Multiply the predetermined overhead rate by the actual activity level. 3. Compare applied and actual overhead. If applied is greater, then overhead has been overapplied. If actual is greater, than overhead has been underapplied.