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Looking for a solution to this question Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding
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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 52,000 DLH 37,000 MH $800,000 Trimming 52,000 DLH 3,100 MH $560,000 Data for two special-order parts to be manufactured by the company in this year follow. Part A27C 9,800 units Part X82B 53,000 units Number of units Machine hours Molding Trimming Direct labor hours Molding Trimming 5,900 MH 3,400 MH 1,180 MH 850 MH 3,500 DLH 500 DLH 3,500 DLH 2,500 DLH 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. 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: 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.) Activity Driver Plantwide OH rate Total Overhead Cost Part A27C X82BStep by Step Solution
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