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 materials cost. At the beginning of the year, the company$$s management made the following estimates for the year:

Department

Preparation Fabrication

Machine$-$hours $80,00021,000$

Direct labour$-$hours $35,00065,000$

Direct materials cost $ $190,000$ $ $400,000$

Direct labour cost $ $280,000$ $ $530,000$

Manufacturing overhead cost $ $416,000$ $ $720,000$

Job $127$ was started on April $1$ and completed on May $12.$ The company$$s cost records show the following information concerning the job:

Department

Preparation Fabrication

Machine$-$hours $35070$

Direct labour$-$hours $80130$

Direct materials cost $ $940$ $ $1,200$

Direct labour cost $ $710$ $ $980$Required:

Compute the predetermined overhead rate used during the year in the Preparation Department. Compute the rate used in the

Fabrication Department. $($Round "Preparation department" answer to $2$ decimal places.$)$

Compute the total overhead cost applied to Job $127.$

Total overhead cost