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 $$248,750$ in the Molding department and $$208,750$ 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.

xercise $17-7($Algo$)$ Plantwide overhead rate LO P$1$

equired:

Compute the plantwide overhead rate using direct labor hours as the allocation base.

$.$ Determine the overhead cost per unit for each part using the plantwide rate.

Complete this question by entering your answers in the tabs below.

Determine the overhead cost per unit for each part using the plantwide rate. $($Round "Plantwide Overhead Rate" and "Overhead cost

$2$ decimal places.$)$