Problem 15-4A Agassi company uses a job order cost system in its three manufacturing departments. Manufacturing overhead is applied hours in Department E, and machine hours in Department K. In establishing the predetermined overhead rates for 2014, the following estimates were made for the year Department Manufacturing overhead 1,200,000 1,500,000 900,000 Direct labor costs 1,500,000 1,250,000 450,000 Direct labor hours 100,000 125,000 40,000 Machine hours 500,000 120,000 400,000 During January, the job cost sheets showed the following costs and production data. Department Direct materials used 140,000 126,000 78,000 Direct labor costs 120,000 110,000 37,500 Manufacturing overhead incurred 99,000 s 124,000 s 79,000 Direct labor hours 8,000 11,000 3,500 Machine hours 34,000 45,000 10,400 Compute the predetermined overhead rate for each department. D (Round answers to 2 decimal places, e.g. 10.25%) Department E (Round answers to 2 decimalplaces, e.g. $10.25.) per direct labor hour All Rights Reserved. A Division of Zohn WikLASons Inc MacBook Air