Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour Required: 1. Compute the predetermined overhead rate for each department Deportment Cutting 8,000 59,500 $ 400,000 Finishing 60,000 3,400 $547,000 $ 2.00 B $3.75 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following: Direct labor-hours: Machine-hours Direct materials Direct labor cost Department Cutting Finishing 6 18 5 $ 360 $ 450 86 $ 770 $150 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to 203. 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantw predetermined overhead rate based on direct labor-hours, rather than using departmental rates?