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 labour cost. At the beginning of the year, the company made the following estimates: Chec Direct labour-hours Machine-hours Manufacturing overhead cost Direct labour cost Department Cutting Finishing 5, eee 21, eee 45, eee 3,000 $382,500 $498,eee $ 75,000 $323, 480 Required: 1. Compute the predetermined overhead rate to be used in each department. (Round "Cutting Department" answer to 2 decimal places and "Finishing Department" answer to nearest whole percent.) Predetermined overhead rate Department Cutting Finishing per MH % of DLC