Departmental Overhead Rates Lansing, Inc, provided the following data for its two producing departments: Machine hours are used to assign the overhead of the Molding Department, and direct labor hours are used to assign tr Required: 1. Calculate the overhead rates for each department. Molding per machine hour Polishing $ per direct labor hour 2. Using departmental rates, assign overhead to the two products and calculate the overhead cost per unit. Round yot How does this compare with the plantwide rate unit cost, using direct labor hours? Relative to the plantwide rate, the cost for Form A and for Form B. 3. What if the machine hours in Molding were 1,200 for Form A and 3,800 for Form B and the direct labor hours used Compare with the plantwide rate unit costs calculated in Requirement 2. What can you conclude from this outcome? Relative to the plantwide rate, the cost for Form A and for Form B