Required information

Use the following information for the Exercises below. $($Algo$)$

$[$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 $$258,750$ in the Molding department and $$218,750$ 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.

Exercise $17-8($Algo$)$ Departmental overhead rates LO P$2$

Required:

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.

Determine the overhead cost per unit for each part using the departmental rates.

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.$)$