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 Department Cutting Finishing 6,000 30,000 48,000 5,000 264,000 366,000 Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- Variable manufacturing overhead per direct $ 2.00 hour $ 4.00 labor-hour Required 1. Compute the predetermined overhead rate to be used in each department. (Round your answers to 2 decimal places.) Is is a numeric SO artment please enter numbers only Finishing Predetermined overhead rate per MH per DLH