Exercise Oro Company has two departments with the following production data. It has historically used a single-plant-wide overhead rate based on direct Welding Fabrication Manufacturing overhead oc $ 160,000 $ 240,000 Direct labor cost $ 20,000 $ 5,000 Direct labor hours 2,000 500 Machine hours 100 ZUUU a) Single Plant-Wide Overhead Rate $128.00 Compute departmental overhead rates. Assume welding applies overhead using direct labor hours and fabrication using machine hours. b) Departmental Overhead Rate - Welding $64.00 per DL hr c) Departmental Overhead Rate-Fabrication $120.00 per mach. Hr Exercise Loco Company sells 2 products (standard & deluxe) and it identifies the following overhead costs, activities, and drivers for 2011. Expected Expected Activity Cost Activity Driver Handling materials $12,000 1,000 Parts Storing materials $3,000 2,000 Square feet Inspecting product $24,000 400 Batches Purchasing $30,000 1,000 Purchase orders Insuring the factory $6,000 10,000 Square feet Cleaning workspace $3,000 10,000 Square feet Factory utilities $9,000 1,000 Machine hours Total overhead cost $87,000 Estimated production data for the two products is as follows: Standard Deluxe Volume (in units) 15,000 5,000 Parts 600 400 Storage space used 1,400 600 Batohes made 200 200 Purchase orders 700 300 Workspace used 8,000 2,000 Machine hours 400 600 Calculate the following ABC overhead rates (round to a) ABC Rate - Handling $9.60 per part b) ABC Rate - Storing $1.20 per sq.ft c) ABC Rate - Inspecting $48.00 per batch d) ABC Rate - Purchasing $24.00 e) ABC Rate - Insurance $0.48 per sq.ft f) ABC Rate - Cleaning $0.24 per sq.ft g) ABC Rate - Utilities $7.20 per mach.hr per PO