Single FRantwide factocy Overhead ftate Spotted Cow Dairy Company manulactures three products - whale malk, skim mik, and cream-in two production departments, blending and Packing Tbe factory overhead for Spotted Cow Dairy as $324,000 The three products consume both machine hours and direct iabor hours in the two production departments as followsti 1. Detemine the cingle plantwide factorv ovemhead rates, using each of the following allocabon baven: (a) direct labor hours and (b) machine hours. If required, roaund all amounts to the nearest dollar. 1. Determine the single plantwide factory overhead rate, using each of the following allocation basses: (a) direct labor bours and (b) machine hours. If required, round all amounts to the nearest dollar. 2. Determine the product factory overhead costs, using (a) the direct labor hour plantwide factory ovechead rate and (b) the muchine hour plantwide factory overhead rate