uneet Assignment Help Save & Exit Submit 11 White Company has two departments cutting and finishing. The company uses a job-order costing system and computes & predetermined overhead rate in each department. The cutting department bases its rate on machine hours, and the finishing department bases its rate on direct labour cost At the beginning of the year, the company made the following estimates Department Cutting Vinishing Die Istor.hu 6,500 14.500 Machines 48.750 4,500 Manufacturing overat cost 1487.500 $55), 100 Direct labour cost $65.000 $32,500 333 Required: 1 Compute the predetermined overhead tate to be used in each department (Round your answers to 2 decimal places.) Predmeta Culting per Department Finishing of DC 11 2. Assume that the overhead rates that you computed in Requirement (1) are in effect. The job cost sheet for job 203, which was started and completed during the year, showed the following 8.33 Department Cutting Finishing 25 25 5 1540 $350 $165 Direct labour-hours Machine-hours Materials requisitioned Direct labour cost 012 Compute the soul overhead cont applied to job 203. (Do not round Intermediate calculations and round your answer to 2 decimal places.)