Using the predetermined overhead rates that you computed in requirement 1,compute the total manufacturing cost assigned to job 203.

Ch. 2: Homework Saved 2 Exercise 2.13 Departmental Predetermined Overhead Rates [L02-1, LO2-2, LO2-4) White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates: Department Direct labor-hours Machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct 1abor-hour Cutting Finishing 83,888 ,688 386,80e 569,808 8,600 61,700 eBook $ 2.08 $ 3.75 Print Required 1. Compute the predetermined overhead rate for each department. References 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following: Departnent Cutting Finishing Direct labor-hours Machine-hours Direct materials Direct labor cost 13 ge 798 388 $114 247 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost a 203 3. Would you expect substantially different amounts of overhead cost to be assigned to some jobs if the c predetermined overhead rate based on direct labor-hours, rather than using dep ssigned to Job ompany used a plantwide artmental rates? Complete the question by entering your answers in the tabs given below. Required 1Required 2Required 3 e the predetermined overhead rate for each department. (Round your answers to 2 decimal places.) Department Cutting Finishing Predetermined overhead rate 8.16 per MH [S 10.61 per DLH Prev Complete the question by entering your answers in the tabs given below. Required 1 Required 2 Required 3 Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203. (Round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) Total manufacturing cost K Required 1 Required 3>