50.00 points Xie Company identified the following activities, costs, and activity drivers for 2015. The company manufactures two types of go-karts: Deluxe and Basic. Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Cost Expected Activity S 625,000 100,000 parts 900,000 105,000 175,000 300,000 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Required 1. Compute a single plantwide overhead rate assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. Actual Direct labor costs Actual Direct materials Actual machine hours 2. In January 2015 the Deluxe model required 2,500 direct labor hours, and the Standard model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate. Round OH cost" answers to 2 decimal places.) ide Rate required Cost Deluxe model Basic model