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 $263,750 in the Molding department and $223,750 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 51 Number of Part 2 Units 3,000 Hours per Unit 2.0 9 per unit Part X 4,000 2.5 M per unit Totals Total Hours Trimming Department Hours per Unit Total Hours 6,000 MH 18,000 MH 16,000 MH 3 DLH per unit 4 DLH 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. Complete this question by entering your answers in the tabs below. nces Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the allocation base. Check my