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5 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 $240,000 in the Molding department and $200,000 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 20 points Sai| Part 2 Part X Totats Number of Units 3,000 4,000 Molding Department Hours per Unit Total Hours 2.6 MH per unit 6,000 MH 2.5 MH per unit 10,000 MH 16,000 MH Trimming Department Hours per Unit Total Hours 3 DLH per unit 9,000 DLR 4 DLH per unit 16,000 DLH 25,000 DLH Hint Print 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. Weferences Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 5 20 points Textra produces parts for a machine manufacturer Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $240,000 in the Molding department and $200,000 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 Trimming Department Units Hours per Unit Total Hours Hours per Unit Total Hours Part 2 3,000 2. MH per unit 6,000 MH 3 DLH per unit 9,890 DLH Part X 4,000 2.5 MH per unit 10.000 MH 4 DLM per unit 16,000 DLH Totals 16,000 MH 25,000 DUM 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 tobor hours. 2. Determine the overhead cost per unit for each part using the departmental rates. Print Complete this question by entering your answers in the tabs below. References 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