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High Desert Potteryworks makes a variety of pottery products that it sells to retailers such as Home Depot. The company uses a job-order costing system in which predetermined overhead rates are used to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Molding Department is based on machine-hours, and the rate in the Painting Department is based on direct labor-hours. At the beginning of the year, the company's management made the following estimates: Department Molding Painting Direct labor-hours 32,000 51,400 Machine-hours 90,000 35,000 Direct materials cost $190,000 $200,000 Direct labor cost $288,000 $518,000 Fixed manufacturing overhead cost $189,000 $488,300 Variable manufacturing overhead per machine-hour $2.80 Variable manufacturing overhead per direct labor-hour $4.80 Job 205 was started on August 1 and completed on August 10. The company's cost records show the following information concerning the job Department Molding Painting Direct labor-hours 132 Machine-hours 350 67 Materials placed into production $946 $1,260 Direct labor cost $750 $1,000 Required 1. Compute the predetermined overhead rate used during the year in the Molding Department. Compute the rate used in the Painting Department. (Round your answers to 2 decimal places.) Predetermined overhead rate Molding Department 490 per MH Painting Department 1430 per DLH