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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 laborhours. At the beginning of the year, the company made the following estimates: Required: 1. Compute the predetermined overhead rate for cach department. 2. The job cost sheet for Job 203, which was started and completed during the year, showed the following Using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203 3. Would you expect substantially different amounts of ovehead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor hours, rather than using departmental rates? Complete the guestion by entering your answers in the tabs given below. Complete the question by entering your answers in the tabs given below. Compute the predetermined overhead rate for each department. (Round your answers to 2 decimal places.) Jsing the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to Job 203 . (Round your intermediate calculations and final answer to 2 decimal places.) Would you expect substantially different amounts of overhead cost to be assigned to some fobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates

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