! 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 $262,500 in the Molding department and $222,500 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 3,000 4,000 Pa: Z Molding Department Hours per Unit Total Hours 2.0 MB per unit 6,000 MH 2.5 MH per unit 10,000 MH 16,000 MH Trimming Department Hours per Unit Total Hours 3 DLH per unit 9,000 DLH 4 DLH per unit 16,000 DLH 25,000 DLH Part X Totals 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. 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. $ 262,500 = $ 1.18 per direct labor hour Budgeted overhead costs Budgeted overhead costs 222,500 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 "OH rate" and "Overhead cost per unit" to 2 decimal places.) Part Plantwide Overhead Rate Activity Usage Overhead cost per unit Z