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Mia Company uses activity-based costing and reports the following for this year. (a) Compute an activity rate for each activity using activity-based costing. (b) Allocate

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Mia Company uses activity-based costing and reports the following for this year. (a) Compute an activity rate for each activity using activity-based costing. (b) Allocate overhead costs to a job that uses 25 machine hours and 20 direct labor hours. Complete this question by entering your answers in the tabs below. Allocate overhead costs to a job that uses 25 machine hours and 20 direct labor hours. 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 (DLH) in Trimming. Actual production information follows. Required: 1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours. 2. Determine the overhead cost per unit for each part using the departmental rates. Complete this question by entering your answers in the tabs below. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours

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