Required Information Use the following Information for the Exercises below. (Static) (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 $240,000 in the Molding department and $200,000 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 Part 2 Part X Totals 3,000 4,000 2.0 MH per unit 2.5 MH per unit Trimming Department Hours per Unit Total Hours 6,000 MH 10,000 MH 16,000 MH 3 DLH per unit 4 DLH per unit Total Hours 9,000 DLH 16,000 DLH 25,000 DLH Exercise 17-8 (Static) Departmental overhead rates LO P2 Required: 1. 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. 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. Required 11 Required 2 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. Molding Trimming Required 2 > Required Information Use the following Information for the Exercises below. (Static) [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 $240,000 in the Molding department and $200,000 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 Trimming Department Part 2 Part X Totals Number of Units 3,000 Hours per Unit Total Hours Hours per Unit 2.0 MH per unit 4,000 2.5 MH per unit 6,000 MH 10,000 MH 16,000 MH 3 DLH per unit 4 DLH per unit Total Hours 9,000 DLH 16,000 DLH 25,000 DLH Exercise 17-8 (Static) Departmental overhead rates LO P2 Required: 1. 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. 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. Required 1 Required 2 Determine the overhead cost per unit for each part using the departmental rates. (Round "Overhead rate" and "Hours per unit" to 2 decimal places.) Part Z Molding Trimming Total Departmental Overhead Rate Hours per Unit Overhead cost per unit Part X Departmental Overhead Rate Hours per Unit Overhead cost per unit Molding Trimming Total