ni Ch13-17 Saved Help Save Karma company manufactures go-karts. The two types of go-karts that they manufacture are Deluxe and Basic Overhead costs need to be allocated to the two cost objectives. Karma Company has provided the following information for you below.activity, expected costs, and expected activity. Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $660,000 935,000 140,000 210,000 335,000 110,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Required: 1. Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. In January of this year, the Deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. Next > 31 of 36 !! Next > 31 of 36