Print itenm Calculating Departmental Overhead Rates and Applying Overhead to Production At the beginning of the year, Glaser Company estimated the following Assembly Departmernt $445,000 73,500 75,000 Testing Total Overhead Direct labor hours Machine hours $970,100 525,100 0,425 2,500 113,925 27,500 Glaser uses departmental overhead rates. In the assembly department, overhead s applied on the basis of direct labor hours. In the testing department, overhead is applied on the basis of machine hours. Actual data for the mosth of March are as follows Testing Department Department Total 562,300 10,290 10,500 73,514 ,660 7,350 $135,814 Direct labor hours Machine hours Requiredi I. Calculate the predetermined overhead rates for the assembly and testieng departments. Round your answers to the nearest cent Assembly department overhead rate Testing department overtead rate 15,950 17,850 per direct labor hou per machinne hou 2. Calculate the overhead applied to production in each department for the month of March, if required, round your angwers to nearest whole value. Assembly department Testing department 3. By how much has each department's overhead been overapplied? Undera Assembly department Testing department