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 Finihing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: 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: Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203 . 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates