Please help with the following questions using the information below.Question 1: compute the predetermined overhead rate for each departmentCutting department per MHFinishing department per DLHQuestion 2: using the predetermined overhead rates from question 1 compute the total manufacturing cost assigned to Job 203Total Manufacturing CostQuestion 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 labors, rather than using departmental rates?

White Company has two departments, Cutting and Finishing. The company uses job-order costing and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finish Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Department Cutting Finishing Direct labor-hours 8,900 60, 000 Machine-hours 56, 300 3, 100 Total fixed manufacturing overhead cost $ 390, 000 $ 529, 000 Variable manufacturing overhead per machine-hour $ 3.00 Variable manufacturing overhead per direct labor-hour $3.75 es 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: Department Cutting Finishing Direct labor-hours 4 20 Machine-hours 83 6 Direct materials $1 740 $ 380 Direct labor cost $ 84 $ 420 Using the predetermined overhead rates 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