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. Molding Department Part Z Part X Number of Unite 3,000 4,000 Hours per Unit Total Hours 2.0 MH per unit 2.5 M per unit Totals 6,000 MR 10,000 M 16,000 MH Trimming Department Hours per Unit Total Hours 3 DLB per unit 4 DLB per unit 9,000 DLH 16,000 DLH 25,000 DLH 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide derhead rate using direct labor hours as the allocation base. Budgeted overhead costs. Budgeted direct labor hours $ 261,250 221,250 1.18 per machine hour Part Z Part X Totals 3,000 4,000 2.0 MH per unit 6,000 MB 3 DLH per unit 2.5 MH per unit 10,000 16,000 MH 4 DLB per unit 9,000 DLH 16,000 DLH 25,000 DLH 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. Answer is complete but not entirely correct. 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 cost per um 2 decimal places.) Overhead cost per unit Part Plantwide Overhead Rate Activity Usage Z $ 17.60 per direct labor dollar O 3 52.80 per unit X $ 17.60 per direct labor dollar O 4 70.40 per unit