Required information [The following information applies to the questions displayed below] Textra produces parts for a machine manufacturer. Parts go through two departments, Molding ond Trimming The compary budgets overhead cost of $240,000 in the Molding department and $200,000 in the Trimming department. The company budgets 16,000 mochine hours (MH) in Molding ond 25,000 direct labor hours (DLH) in Trimming. Actual production information follows. Required: 1. Compute a departmental overheod rate for the Molding department based on machine hours and o 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. Complete this question by entering your answers in the tabs below. 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. Complete this question by entering your answers in the tabs below. Determine the overhead cost per unit for each part using the departmental rates. (Round "Overhead rate" and "Hours per unit" to 2 decimal places.)