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:

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?

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: Required 1 Required 2 Required 3 Direct labor-hours Cutting Finishing 68 .600 85.909 Total fixed manu 360,000 $ 519.600 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. (Round intern round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) Variable manufacturing overhead per direct labor-hour 4.75 Total manufacturing cost Required: . 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 Required 1 Required 2 Required 3 Direct labor-hours Cutting Finishing Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a Direct labor cost $ 710 plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates? $360 O'Yes Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job ONO 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? Required 1 Required 2 Required 3 Compute the predetermined overhead rate for each department. (Round your answers to 2 decimal places.) Department Cutting Finishing Predetermined overhead rate per MH per DLH