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 $253,750 in the Molding department and $213,750 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 Number of Units Hours per Unit Total Hours Trimming Department Hours per Unit Total Hours Part Z Part X Totals 3,000 2.0 MH per unit 4,000 2.5 MH per unit 6,000 MH 10,000 1 16,000 MH 3 DLH per unit 9,000 DLH 4 DLH per unit 16,000 DLH 25,000 DLH Exercise 4-7 (Algo) Plantwide overhead rate LO P1 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 1 of 2 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. Book Hint ferences Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the allocation base. Required 2> ences Required information 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. Required 11 Required 2 Determine the overhead cost per unit for each part using the plantwide rate, (Round "Plantwide Overhead Rate" and "Overhead cost per unit" to 2 dedmal places.) Parti X Plantwide Overhead Rate. Activity Usage < Required 1 Overhead cost per unit