Exercise $17-7$ Plantwide overhead rate P$1$

Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $$240,000$ in the Molding department and $$200,000$ in the Trimming department. The company budgets $16,000$ machine hours $($MH$)$ in Molding and $25,000$ direct labor hours $($DLH$)$ in Trimming. Actual production information follows.

$\backslash$table$[[,$Number of Units,Molding Department,Trimming Department$],[,$Hours per Unit,Total Hours,Hours per Unit,Total Hours$],[$Part Z$,3,000,2\mathrm{.}0MH$ per unit,$6,000MH,3$ DLH per unit,$9,000DLH$