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 Number of Molding Department Trimming Department Hours per Unit Total Hours Hours per Unit 3,000 2.0 4 per unit 6,000 3 DH per unit 9.000 DLH Part X 4,000 2.5 per unit 10,000 MM 4 DLM per unit 16.080 DLR Totals 16,000 H 25,000 DLH Units Total Hours Part 2 Exercise 17-7 (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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the allocation base. 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 tabor hours (DLH) in Trimming. Actual production information follows Number of Units 3.000 4.000 Part 2 Part x Totals Holding Department Hours per Unit Total Hours 2.0 per unit 6,000 2.5 per unit 10.000 10,000 Trimming Department Hours per Unit Total Hours 3 DL per unit 9.000 DLH 4 DOH per unit 16.000 DLH 25,000 DLH Exercise 17-7 (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 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 plantwide rate. (Round "Plantwide Overhead Rate" and "Overhead cost per unit" to 2 decimal places Overhead cost per unit Plantwide Overhead Rate Activity Usage Part Z X