White Company has two departments, Cutting and Finishing. The company uses a job order costing system and computes = predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finish Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing Direct labor-hours B, 200 84,000 Machine-hours 69, 100 2,800 Total fixed manufacturing overhead cost $400,000 $409,000 Variable manufacturing overhead per machine-hour 3.00 Variable manufacturing overhead per direct labor-hour $ 2.75 $ 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: Direct labor-hours Machine-hours Direct materials Direct labor cost Department Cutting Finishing 5 18 88 4 $780 $370 $414 $115 want anmute the total manufacturing costassianec 18 Direct labor-hours Machine-hours Direct materials Direct labor cost 5 88 $780 $115 $370 $414 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Jo 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 Using the predetermined 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 final answer to the nearest dollar amount.) Total manufacturing cost Using the predetermined overhead rates that you computed in requirement (1), compute the to 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some predetermined overhead rate based on direct labor-hours, rather than using departmental rate Complete the question by entering your answers in the tabs glven below. Reqared 1 Required 2 Required 3 Compute the predetermined overhead rate for each department. (Round your answers to 2 decima Department Cutting Finishing Predetermined overhead rate per MH per DLH Required 2 >