Exercise 17-4 Plantwide overhead rate LO P1 Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding a trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for 2017 follow Trimming Direct labor hours Machine hours Overhead costs Molding 52,000 DLH 48,000 DLH 30,500 MH 3,600 MH $730,000 $590,000 Data for two special order parts to be manufactured by the company in 2017 follow Part A27C 9,800 units 54,500 units Part X82B Number of units Machine hours Molding Trimming 5,100 MH 2,600 MH 1,020 MH 650 MH Direct labor hours Molding Trimming 5,500 DLH 2,150 DLH 3,500 DLH 700 DLH Required 1. Compute the plantwide overhead rate using direct labor hours as the base 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the base Estimated overhead costs OS 5900 per direct labor hour Estimated direct labor hours 48,000 Required 1 Required 2>