Single Plantwide Factory Overhead Rate SpottedCow Dairy Company manufactures three products-whole milk, skim milk, and cream-in two production departments. Blending and Packing. The factory overhead for Spotted Com Dalry is $299,700 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 Packing Deltme Required: 1. Determine the single plantede factory overhead rate using each of the following allocation bases: (a) direct labor hours and (b) machine hours. Direct labor hour overhead rate per direct labor hour Machine hour overhead rate per machine hour 2. Determine the product factory overhead costs using (a) the direct labor hour plantwide factory overhead rate and (b) the machine hour plantvide factory overhead rate Whole Milk Skim Milk Direct labor hours Machine hours