WoodGrain Technology makes home office furniture from fine hardwoods. The company uses a job-order costing system and predetermined overhead rates to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Preparation Department is based on machine hours, and the rate in the Fabrication Department is based on direct labor-hours. At the beginning of the year, the company's management made the following estimates for the year. Department Preparation F abrication Machine-hours 000 33,000 35,500 58,900 Direct labor-hours Direct materials cost $189,000 S199,000 Direct labor cost $270.000 $512,000 $153.900 $518.320 Fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour 3.00 Variable manufacturing overhead per direct labor-hour 5.00 Job 127 was started on April 1 and completed on May 12. The companys cost records show the following information concerning the job Department Preparation Fabrication Machine-hours 320 71 Direct labor-hours 89 125 Direct materials cost 932 1,200 Direct labor cost S 1,010 Requred: 1. Compute the predetermined overhead rate used during the year in the Preparation Department. Compute the rate used in the Fabrication Department Round predetermined overhead rate to 2 decimal places. Predetermined Overhead Rate Preparation department per MH per DLH Fabrication department