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Required information [The following information applies to the questions displayed below.] Textra produces parts for a machine manufacturer. Parts go through two departments, Molding
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 $251,250 in the Molding department and $211,250 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. Molding Department Hours per Unit MH per Trimming Department Total Hours Hours per Unit Total Hours Number of Units Part Z 3,000 2.0 6,000 MH 3 DLH per unit 9,000 DLH unit Part X Totals 4,000 2.5 MH per unit 10,000 MH 4 DLH per 16,000 DLH unit 16,000 MH 25,000 DLH 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. Required Required 1 2 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. Molding Trimming < Required 1 Required 2 > Show less Complete this question by entering your answers in the tabs below. Required Required 1 2 Determine the overhead cost per unit for each part using the departmental rates. (Round "Overhead rate" and "Hours per unit" to 2 decimal places.) Part Z Molding Trimming Total Departmental Overhead Rate Hours per Overhead cost per Unit unit Part X Departmental Overhead Rate Hours per Overhead cost per Unit unit Molding Trimming Total < Required 1 Required 2 >
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