WoodGrain Technology mal-

job: Machinehours Direct labourhours Direct materials cost Direct labour cost 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: D ep artment Preparation Fabrication 80,000 35,000 $1,200 Machinehours Direct labourhours Direct materials cost Direct labour cost Manufacturing overhead cost $190,000 $280,000 $416,000 21,000 65,000 $400,000 $530,000 $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 D ep art-ment Preparation 350 $ 940 $ 710 F abr ica ion 130 980 1. 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.) Predetermined Overhead Preparation department Fabrication department 5.20 per machine-hour 34 % of materials cost