Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $242,500 in the Molding department and $202,500 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. Molding Department Number of Units Hours per Unit Part 2 Part X Totals 3,000 2.0 MH per unit 4,000 2.5 MH per unit Trimming Department Hours per Unit Total Hours 6,000 MH 10,000 MH 16,000 MH 3 DLH per unit 4 DLH per unit Total Hours 9,000 DLH 16,000 DLH 25,000 DLH Exercise 17-7 (Algo) Plantwide overhead rate LO P1 Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base. 2. Determine the overhead cost per unit for each part using the plantwide rate. 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 allocation base. Budgeted overhead costs $ 445,000 0 per direct labor hour Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the overhead cost per unit for each part using the plantwide rate. (Round "Plantwide Overhead Rate" and "Overhead cost per 2 decimal places.) Part Plantwide Overhead Rate Z $ 17.80 X $ 17.80 per direct labor hour per direct labor hour Activity Usage 9.000 direct labor hours direct labor hours Overhead cost per unit 53.40 per unit 71.20 per unit