Exercise 04-7 Departmental overhead rates LO P2 Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. (Round "OH rate and cost per unit" answers to 2 decimal places.) Kolding Teming Direct labor hours 52,000 DLR 40,000 DLR 30,500 MM 3,600 MH Overhead conta 0730,000 $590,000 Machine hours Data for two special-order parts to be manufactured by the company in this year follow. Part 27 9,800 unito Part 02 54,500 unita Number of units Machine hours Molding Trimming Direct labor bourn Molding Trimming 5,100 MM 2,600 M 1.020 650 5500 D 700 D 2.50 500 DLR Required: 1. Computea departmental overhead rate for the molding department based on machine hours and department overhead rate for the trimming department based on direct labor hours Molding Overbood costs 5 702000 24.66 (per machine hour Machine hours 30.500 Trimming Overhead cost S 12.000 12.75 or direct labor hour on direct labor hours. Molding Overhead costs $ 752,000 $ 24.66 per machine hour Machine hours 30,500 Trimming Overhead costs $ 612,000 $ 12.75 per direct labor hour Direct labor hours 48,000 2. & 3. Determine the total overhead cost assigned to each product line using the departmental overhead rates from requirement 1, and then determine the overhead cost per unit. Part A27C Activity Driver Departmental OH Rate Total Overhead Cost $ 0 Molding Trimming 0 0 Part X82B Activity Driver Departmental OH Rate Total Overhead Cost $ Molding Trimming 0 0 0