white company has two departments cutting ang finishing

..Sprint LTE 1:25 AM 1 30% O Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Direct labor-hours Machine hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Cutting 7,300 51,400 390,000 Finishing 72,000 2,400 $425,000 $ $ 3.75 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: Department Cutting Finishing Direct labor-hours Machine-hours Direct materials $ 770 $360 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? Compute the predetermined overhead rate for each department. (Round your ans Department Cutting per MH Finishing Iper DLH Predetermined overhead rate 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 amour Total manufacturing cost Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a planwide predetermined overhead rate based on direct laber-hours, rather than using departmental rates