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 Teimming 50,000 DLR 50,000 DLR 36,000 MB 3,400 MH $810,000 $570,000 Data for two special-order parts to be manufactured by the company in this year follow. Part 1270 Part 820 10,800 units 51,500 units Number of unita Machine hours Molding Trimming Direct Labor hours Molding Trimming 5,400 3,400 MIL 1,080 M 850 ML 5,000 DLR 500 DE 2,950 DLR 2,500 DL 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: Required 2 Compute the plantwide overhead rate using direct labor hours as the base. 10,800 units 51,500 units Number of unita Machine hours Holding Teimming Direct labor hours Molding Trimming 5,400.CH 3,400 MH 1,080 MH 850 MH 5,000 D 500 DIN 2,950 DIE 2,500 DLR d 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. Required Required 2 > FI 17 assignment ACTIVI 10,800 units 51,500 units Number of unita Machine hours Molding Trimming Direct Labor hours Molding Trimming 5,400 MH 3,400 M 1,080 850 MH 5,000. DLH 500 DLR 2,950 Lt 2,500 DLR d 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 o rato Total Overhead Coat A270 cos X82B