Lansing, Inc., provided the following data for its two producing departments:

Required:

Calculate the overhead rates for each department.

Molding $$,$ per machine hour

Polishing $$,$ per direct labor hour

Using departmental rates, assign overhead to the two products and calculate the overhead cost per unit. Round your answers to the nearest cent.

How does this compare with the plantwide rate unit cost, using direct labor hours?

Relative to the plantwide rate, the cost increased $$ for Form A and decreased $$ for Form B$.$

Compare with the plantwide rate unit costs calculated in Requirement $2.$ What can you conclude from this outcome?

Relative to the plantwide rate, the cost increased $$ for Form A and decreased $$ for Form B$.$