! Required information Check my work Use the following information for the Exercises below. (Algo) [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 $260,000 in the Molding department and $220,000 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. Number of Units Part Z Part X Totals 3,000 Molding Department Hours per Unit 2.0 MH per unit 4,000 2.5 MH per unit Total Hours 6,000 MH 10,000 MH 16,000 MH Hours per Unit 3 DLH per unit Trimming Department Total Hours 4 DLH per unit 9,000 DLH 16,000 DLH 25,000 DLH Exercise 17-7 (Algo) Plantwide overhead rate LO P1 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. Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the allocation base. 0 < Required 1 Required 2 > ! Required information Use the following information for the Exercises below. (Algo) [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 $260,000 in the Molding department and $220,000 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. Number of Part Z Part X Totals Units 3,000 Molding Department Hours per Unit 2.0 MH per unit Trimming Department 4,000 2.5 MH per unit Total Hours 6,000 MH 10,000 MH 16,000 MH Hours per Unit 3 DLH per unit Total Hours 4 DLH per unit 9,000 DLH 16,000 DLH 25,000 DLH Exercise 17-7 (Algo) Plantwide overhead rate LO P1 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. Required 1 Required 2 Determine the overhead cost per unit for each part using the plantwide rate. (Round "Plantwide Overhead Rate" and "Overhead c 2 decimal places.) Part Z X Plantwide Overhead Rate Activity Usage < Required 1 Required 2 > Overhead cost per unit