Aunt Dorothy Snacks makes potato chips, com chips, and cheese puffs using three different production lines within the same manufacturing plant Currently, Aunt Dorothy uses a single plantwide overhead rate to allocate its $3.993.750 of annual manufacturing overhead of this amount, $2,125,500 is associated with the potato chip line, 51256,250 is associated with the com chip line, and $572,000 is associated with the cheese puffine. Aunt Dorothy's plant is currently running a total of 17,750 machine hours: 10,900 in the potato chip line 4,250 in the oorn chip line, and 2,600 in the cheese puff line, Aunt Dorothy considers machino hours to be the cost driver of manufacturing overhead costs. 1. What is Aunt Dorothy's plantwide overhead rate? 2. Calculate the departmental overhead rates for Aunt Dorothy's three production lines. Round all answers to the nearest cont 3. Which products have been overcosted by the plantwide rato? Which products have been underoosted by the playwide rate? 1. What is Aunt Dorothy's plantwide overhead rate? Determine the formula for calculating the plantwide overhead rate, then caloulate the rate. Plantwide overhead rate Se Cregg's Fine Furnishings manufactures upscale custom furniture. Cregg's currently uses a plantwide overhead rate based on direct labor hours to allocate its $1.290,000 of manufacturing overhead to individual jobs. However, Diane Fuller, owner and CEO, is considering refining the company's costing system by using departmental overhead rates. Currently, the Machining Department incurs $870,000 of manufacturing overhead while the Finishing Department incurs $420,000 of manufacturing overhead. Diane has identified machine hours (MH) as the primary manufacturing overhead cost driver in the Machining Department and direct labor (DL) hours as the primary cost driver in the Finishing Department (Click the icon to view the job information.) Read the requirements Requirement 1. Compute the plantwide overhead rate assuming that Cregg's expects to incur 30,000 total DL hours during the year First identify the formula, then compute the rate (Round your answer to the nearest whole dollar.) Plantwide overhead rate