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White Company has two departments, Cutting and Finishing. The company uses a job-order costing system...

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Accounting

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:
\table[[,Department],[Direct labor-hours,Cutting,Finishing],[Machine-hours,8,100,77,000],[Total fixed manufacturing overhead cost,52,900,1,400],[Variable manufacturing overhead per machine-hour,370,000,$497,000
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