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: eBook Direct labor-hours Machine-hours Total fixed namatacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 6, 700 90,000 69 300 3.400 290,000 $ 95.000 $ 3.00 - $ 3.75 Print 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 Cutting Finishing Direct labor-hours Machine-hours Direct materials Direct labor cost $ 780 $ 120 $ 350 3264 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? Complete the question by entering your answers in the tabs given below. hep Save & Exit SL Department Cutting Finishing Direct labor-hours Machine-hours Direct materials Direct labor cost 81 $ 780 $ 120 $ 350 $ 264 eBook 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? Complete the question by entering your answers in the tabs given below. Required 1 Required 2 Required 3 Compute the predetermined overhead rate for each department. (Round your answers to 2 decimal places.) Department Cutting per MH Finishing per DLH Predetermined overhead rate Required 2 > Assignment 4:Job Order Costing Help Save & Exit Department Cutting Finishing Direct labor-hours Machine-hours Direct materials Direct labor cost $ 350 $780 $ 120 eBook Print 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? Complete the question by entering your answers in the tabs given below. g your answers in the tabs given below. Required 1 Required 2 Required 3 Using the predetermined overhead rates that you computed in requin rement (1), compute the total manufacturing cost assigned to Job 203. (Round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) Total manufacturing cost Required 3 > Department Cutting Finishing Direct labor-hours Machine-hours Direct materials Direct labor cost 91 $ 780 3120 3 350 264 eBook Paint 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? Complete the question by entering your answers in the tabs given below. Required 1 Required 2 Required 3 Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates? Yes (Required 2