Chan Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go karts: fast and standard Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $ 666,000 1,072.000 160,000 215,000 380,000 83,000 Activity Driver 180,000 parts 1,340 batches 1,600 orders 860 invoices 50,000 square feet 2 models hours. 1. Compute a single plantwide overhead rate assuming that the company assigns overhead based on 140,000 budgeted direct labor 2. In January of this year, the fast model required 3.500 direct labor hours and the standard model required 9.500 direct labor hours, Assign overhead costs to each model using the single plantwide overhead rate. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute a single plantwide overhead rate assuming that the company assigns overhead based on 140,000 budgeted direct labor hours. CH hours 1. Compute a single plantwide overhead rate assuming that the company antigns overhead based on 140.000 budgeted direct labor 2. In January of this year, the fast model required 3.500 direct labor hours and the standard model required 9,500 direct labor hours Assign overhead costs to each model using the single plantwide overhead rate Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute a single plantwide overhead rate assuming that the company assigns overleed based on 160,000 budgeted direct labor hours. Estinatod overhead costs Estimated direct labor hours Route 2 hours 1. Compute a single plantwide overhead rate assuming that the company assigns overhead based on 140.000 budgeted direct labor 2. In January of this year, the fast model required 3,500 direct inbor hours and the standard model required 9,500 direct labor hours. Assign overhead costs to each model using the single plontwide overhead rete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 In January of this year, the fast model required 3,500 direct labor hours and the standard model required 9,500 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate. (Round OH rate to 2 decimal places) Total DL Hours Plantwide OH Total Overhead required Rate Cost Fast model Standard model