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 Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hourS Variable manufacturing overhead per direct labor-hour Cutting Finishing 6,100 86,000 51,400 3,800 S 370,000 $ 548,000 3.00 $ 2.75 Required: 1. Compute the predetermined overhead rate to be used in each department (Round your answers to 2 decimal places.) Department Cutting Finishing Predetermined overhead rate per MH per DLH