Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base 2 Determine the overhead cost per unit for each part using the plantwide rate. Complete this question by entering your answers in the tabs below. Determine the overhead cost per unit for each part using the plantwide rate. (Round "Plantwidn Overhead Rate" and "Overhead cost per 2 decimal places.) unit' to 2 dedmal places.) Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base. 2. Determine the overhead cost per unit for each part using the plantwide rate Complete this question by entering your answers in the tabs below. Compute the plantwide overhead rate using direct labor hours as the allocation base. Required informetion Use the following information for the Exercises below. (Algo) (The following information applies to the questions displayed below] Textra produces parts for a machine manufacturec Parts go through two departments, Molding and Trimming. The company budgets overhead cost of \$25 5,000 in the Molding department and \$215,000 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. Exercise 17.7 (Algo) Plantwide overhead rate LO P1 Required: 1. Compute the plantwide overhead rate using direst labor hours as the allocation base 2. Determine the overhead cost per unit for each part using the plantwide rate. 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