Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products-whole milk, skim milk, and cream-in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $408,000 The three products consume both machine hours and direct labor hours in the two production departments as follows Direct Labor Machine Hours Hours Blending Department Whole milk Skim milk Cream 350 380 300 1,030 1,090 990 400 2,480 Packing Department Whole milk Skim milk Cream 450 710 210 1,370 2,400 580 710 230 1,520 4,000 Total Required 1. Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (b) machine hours. If required, round all amounts to the nearest dollar. a. Direct labor overhead rate b. Machine hour overhead rate 2. Determine the product factory overhead costs, using (a) the direct labor hour plantwide factory overhead rate and (b) the machine hour plantwide factory per direct labor hour per machine hour overhead rate Whole Milk Skim Milk Cream Direct labor hours Machine hours