answer the first 4 questions based on the information below

Calculate the total estimated variable overhead for the Finishing department. QUESTION 2 Is a single plant-wide overhead rate appropriate to use in this company? O A. Yes OB. No QUESTION 3 If a single plant-wide overhead rate based on direct labor hours was used to allocate overhead and total estimated overhead was $846,000, calculate the predetermined overhead rate. Round your answer to two decimal places. QUESTION 4 The cost driver for the Cutting department is machine-hours. True False EXERCISE 213 Departmental Predetermined Overhead Rotes LO2-10.LO2-2. LO2-49 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 Departhient 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: Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Department Cutting Finishing 6,000 30,000 48,000 5,000 $264,000 $366,000 $200 $4.00 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: Page 90 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: Page 90 Department Cutting Finishing Direct labor-hours 6 20 Machine-hours 80 4 Direct materials $500 $310 Direct labor cost $ 108 $360 Using the predetermined overhead rates that you computed in (1) above, 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? Explain. No computations are