D SHOW AND LABEL ALL CALCULATIONS!!! E F G H Q1: Zero Company manufactures two types of products: Designer and Standard. Estimated overhead for the year is $747,000 and estimated direct labor cost is $847,000. 1. Compute a single plantwide overhead rate for year, assuming the company assigns overhead based on 121,000 budgeted direct labor hours. 2. In June, the Designer model required 3140 direct labor hours and the Standard model required 5020 direct labor hours. The direct labor pay rate per your is $9 per hour. Assign overhead costs to each model using the single plantwide overhead rate. a. Calculate the Plantwide overhead rate Round to 2 decimal places 1 Round to 0 decimal places 2 3 b. Assign overhead to each model using Plantwide Overhead allocation 1 5 Designer Standard 7 8 9