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Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $240,000 in the Molding

Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $240,000 in the Molding department and $200,000 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.

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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.
image text in transcribedimage text in transcribed Complete this question by entering your answers in the tabs below. Compute the plantwide overhead rate using direct labor hours as the allocation base. Complete this question by entering your answers in the tabs below. Determine the overhead cost per unit for each part using the plantwide rate. Note: 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 the plantwide overhead rate using direct labor hours as the allocation base. Complete this question by entering your answers in the tabs below. Determine the overhead cost per unit for each part using the plantwide rate. Note: Round "Plantwide Overhead Rate" and "Overhead cost per unit" to 2 decimal places

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