please explain the answers step by step

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: 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: Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned t 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a planty 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. neyunter. 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, show Using the predetermined overhead rates that you computed in requirement (1), compute the 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to son predetermined overhead rate based on direct labor-hours, rather than using departmental Complete the question by entering your answers in the tabs given below. Compute the predetermined overhead rate for each department. (Round your answers to 2 deci 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: Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturi 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the comp 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. Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing assigned to Job 203. (Round your intermediate calculations and final answer to 2 decimal places.)