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Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for
Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. Direct labor hours Machine hours Overhead costs Molding Trimming 49,000 DLH 50,000 DLH 37,500 MH3 ,900 MH $ 720,000 $540,000 Data for two special-order parts to be manufactured by the company in this year follow. Part A27C Part XB2B 10, 200 units 55,500 units Number of units Machine hours Molding Trimming Direct labor hours Molding Trimming 5,900 MH 2,600 MH 1,180 MH 650 MH 4,500 DLH 300 DLH 3,500 DLH 1,500 DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. 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 base. Estimated airect lapor nours Estimated direct materials Estimated machine hours Estimated manufacturing costs Estimated overhead costs Required 1 Required 2 Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. (Round "OH rate" to 2 decimal places.) Activity Driver Plantwide OH rate Total Overhead Cost Part A27C X82B
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