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Exercise 17-6 Plantwide overhead rate LO P1 Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding

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Exercise 17-6 Plantwide overhead rate LO P1 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. Direct labor hours Machine hours Overhead costs Molding 44,00 DLH 36,000 MH $720,000 Trimming 52,600 DLH 3 3,800 HH $580,000 Data for two special-order parts to be manufactured by the company in this year follow. Part A270 10, 200 units Part 820 52,508 units Number of units Machine hours Molding Trimming Direct labor hours Molding Trinting 5,200 MH 3, 200 MH 1,240 MM see MM 4,500 OLH 500 DLH 2,650 DLH 2,508 LH 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 requtrement 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. 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 Estimated direct labor costs Required 2 > 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1, (Round "OH rate" to 2 decimal places.) Part Activity Driver Plantwide OH rate Total Overhead Cost A270 5,000 X828 5.150 0

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