Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $253750 in the Molding department and $213.750 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. Number of Units 3,000 4,000 Part 2 Part X Total Molding Department Hours per unit Total Hours 2.0 per unit 6,000 MM 2.5 MH per unit 10,000 11 16,000 H Triesing Department Hours per Unit Total Hours 3.0LH per unit 9,000 DLH 4 Dut per unit 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 o per direct labor hour Budgeted direct labor hours C Required Required 2 > 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 Determine the overhead cost per unit for each part using the plantwide rate. (Round "OH rate" and Overhead cost per unit to I decimal places.) Part Plantwide Overhead Rate Activity Usage Overhead cost per unit Z X Required 1 Required 2 Determine the overhead cost per unit for each part using the departmental rates. (Round "Overhead rate" and "Hours per unit" to 2 decimal places.) Hours per Unit Overhead cost per unit Departmental Overhead Rate $ 0.00 Part 2 Molding Trimming Total 0.00 Hours per Unit Part X Departmental Overhead Rate Overhead cost per unit $ 0.00 0.00 Molding Trimming Total