Required information [The following information applies to the questions displayed below.) Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing, to complete the miniatures. Next year's expected activities are shown in the following table: Direct labor hours Machine hours Molding Finishing 92,000 DLH 177,500 DIH 115,000 MH 98,500 MH Tarnish Industries uses departmental overhead rates and is planning on a $3.70 per machine hour overhead rate for the finishing department. Compute the estimated manufacturing overhead cost for the finishing department given the information shown in the table. Multiple Choice Red Raider Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 420,000 units are expected to be produced requiring 2.0 machine hours each. How much overhead will be assigned to each unit produced given the following estimated amounts? Estimated: Manufacturing overhead costs Direct labor hours Machine hours Department 1 $2,700,000 170,000 DLH 31,000 MH Department 2 $2,940,000 112,000 DLH 9,000 MH Multiple Choice O $141.00 per unit None of the choices O $23.71 per unit