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Hydro Sports budgets overhead cost of $621,000 for the year, of this amount, $405,000 is traceable to the Assembly department and $216,000 is traceable to

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Hydro Sports budgets overhead cost of $621,000 for the year, of this amount, $405,000 is traceable to the Assembly department and $216,000 is traceable to the Finishing department. The company manufactures two types of jet skis; standard and deluxe. Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. The company budgets production of 180 units of the standard model and 180 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year, 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. Complete this question by entering your answers in the tabs below. Compute each department's total number of budgeted direct labor hours for the year. Required information [The following information applies to the questions displayed below] Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $256,250 in the Molding department and $216,250 in the Trimming department. The company budgets 16,000 machine hours ( MH ) in Molding and 25,000 direct labor hours (DL.H) in Trimming. Actual production information follows. Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base. 2. Determine the overhead cost per unit for each part using the plantwide rate. Complete this question by entering your answers in thit tabs below. Compute the plantwide overhead rate using direct labor hours as the allocation base

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