Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $257,500 in the Molding department and $217,500 in the Trimming department. The company budgets 16,000 machine hours (MH) in Molding and 25,000 direct labor hours (DLH) in Trimming. Actual production information follows. ercise 17-7 (Algo) Plantwide overhead rate LO P1 quired: :ompute the plantwide overhead rate using direct labor hours as the allocation base. Determine the overhead cost per unit for each part using the plantwide rate. Complete this question by entering your answers in the tabs below. ompute the plantwide overhead rate using direct labor hours as the allocation base. Determine the overhead cost per unit for each part using the plantwide rate. (Round "Plantwide Overhead Rate" and "Overhead cost per unit" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours. Determine the overhead cost per unit for each part using the departmental rates. (Round "Overhead rate" and "Hours per unit" to 2 decimal places.)