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One question with two parts: Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming,
One question with two parts:
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 Trimming 42,000 DLH 48,000 DLH 37,000 MH4 ,900 MH $ 730,000 $ 610,000 Data for two special-order parts to be manufactured by the company in this year follow. Part A270 9,800 units Part X82B 52,000 units Number of units Machine hours Molding Trimming Direct labor Molding Trimming 5,100 MH 3,000 MH 1,020 MH 750 MH 3,500 DLH 300 DLH 3,100 DLH 1,500 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. 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 Required 2 > 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 X82B Required 1 Required 2 >Step by Step Solution
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