12 Required information The following information applies to the questions displayed below.) Textra produces parts for a machine manufacturer Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $241,250 in the Molding department and $201.250 in the Trimming department. The company budgets 16,000 machine hours (MH) in Molding and 25,000 direct labor hours (DLH) in Trimming Actual production information follows. Number of Molding Department Trinting Department Hours per Unit Total Hours Hours per unit Total Hours Part 2 3,000 2.0 MH per unit 6,000 MH 3 DLH per unit 9,000 DLH Part X 4,000 2.5th per unit 10,000 MH 4 DLH per unit 16.000 DLH Totals 16,000 25,000 OH ook Units int an frences Required: 1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours. 2. Determine the overhead cost per unit for each part using the departmental rates Complete this question by entering your answers in the tabs below. Required 1 Required Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours this qu on DY ntering your answers in the tabs below. BOOK Hint Required 1 Required 2 Print Herences Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours. Molding Trimming (Required Required 2 > Required 1 Required 2 Determine the overhead cost per unit for each part using the departmental rates. (Round "Overhead rate" and "Hours per unit" to 2 decimal places.) Departmental Overhead Rate Hours per Unit Overhead cost per unit Part 2 Molding Trimming Total Departmental Overhead Rate Hours per Unit Overhead cost per unit Part X Molding Trimming Total