White Company has two departments, Cutting and Finishing. The company uses ajob.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: D axial-rd: cutting Finishing Direct laborhours T, 800 1'5 , 000 Machine-hours 63 , 400 2 , 800 Total fixed manufacturing overhead cost $ 380.000 5 403.000 Variable manufacturing overhead par machine-hour $ 3.00 Variable manufacturing overhead par direct labor-hour $ 3.15 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: \"pastel-at Cutting l'inilhing Direct labor-hours 3 15 Machine-hours 2 6 Direct mate: in la 8 H 0 $ 3 90 Direct labor ooat S 66 $ 330 I. 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 plantwlde predetermined overhead rate based on direct labor-hours. rather than using departmental rates? Complete the quantum by entering your answers In the tabs given below. ' Required 1 Required 2 Required 3 Compute the predetermined overhead rate for ead'l depamnent. (Round your answers to 2 decimal places.) Mam museum Im:l- Required 1 Required 2 Required 3 Using the predeten'nlned overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. {Round Intermediate calculations to 2 decimal places and nal answer to the nearest dollar amount.)