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 $360,000 The three products consume both machine hours and direct labor hours in the two production departments as follows: Direct Labor Hours Machine Hours Blending Department Whole milk Skim milk Cream 250 270 220 740 780 710 280 1,770 Packing Department Whole milk Skim milk Cream 350 550 160 1,060 1,800 470 580 180 1,230 3,000 Total 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 overhead rate per direct labor hour per machine hour Whole Milk Skim Milk Cream Direct labor hours Machine hours