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Required: 1 A . Using the company's plantwide approach: Compute the plantwide predetermined rate for the current year. Predetermined overhead rate % of direct labor

Required:
1A. Using the company's plantwide approach:
Compute the plantwide predetermined rate for the current year.
Predetermined overhead rate % of direct labor cost
2A. Suppose that instead of using a plantwide predetermined overhead rate, the company had used departmental predetermined overhead rates based on direct labor cost. Under these conditions:
Compute the predetermined overhead rate for each department for the current year.
Fabricating department % of direct labor cost
Machining department % of direct labor cost
Assembly department % of direct labor cost
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