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: Department Finishing 87,000 3,500 Cutting. 7,400 69,100 Direct labor-hours Machine-hours Total fixed manufacturing overhead cost $ 380,000 $ 411,000 $ 3.00 Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour $ 4.75 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: Department Finishing Cutting. 4 Direct labor-hours 12 Machine-hours 81 5 Direct materials $ 710 $ 380 Direct labor cost $ 92 $ 276 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plan 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. Required 1 Required 2 Required 3 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. (Round your intermediate calculations and final answer to 2 decimal places.)