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A company produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an trimming, before they are ready for
A company produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. Data for two special-order parts to be manufactured by the company in this year follow. Required: 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. Complete this question by entering your answers in the tabs below. Compute the plantwide overhead rate using direct labor hours as the base. Required: 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. Complete this question by entering your answers in the tabs below. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1 . (Round "OH rate" to 2 decimal places.)
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