Question: PLS!!! help with question 1 and 2 White Compary has two departments; cutting and finishing. The compory uses a job-ordor costing syatem end computes a
White Compary has two departments; cutting and finishing. The compory uses a job-ordor costing syatem end computes a predetecmined overhead rate in each departinent. The cutting departinent bases its ritet an mochine-hours; and the finishing department bases its fate on direct labour cost. At the beginning of the yeor, the compary mede the following estimates: Pequired: 1. Compute the predetermined overhead rate to be ised in vech department. (thound your answert to 2 decimal piscrs. 2. Assume that the overhead rates that you computed in Requkement iv se in effect. The job cost sheet for job 203 which was itarted and completed during tree yeac, showed the following: Coinpute the totat overheed cost appited to jab 202 . Do not round intermediate catcuiation, flound your final ankwer to 2 decimal places
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