Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) Textra produces parts for a machine manufacturer Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $245,000 in the Molding department and $205,000 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 Number of Molding Department Trimming Department Units Hours per Unit Total Hours Hours per Unit Total Hours Part 2 3,000 2.9 MH per unit 6, 800 MH 3 DLH per unit 9,000 DLH 4, eee 2.5 per unit 10,000 MH 4 DLH per unit 16,000 DLH Totals 16,000 MH 25,000 DLH Part X Required: 1. 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 2. Determine the overhead cost per unit for each part using the departmental rates Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. Molding of Required information Required 1 Required 2 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. Molding 02 Trimming 0 Required Required 2 > Help Save & E Submit Required information Required 1 Required Determine the overhead cost per unit for each part using the departmental rates. (Round "Overhead rate" and "Hours per unit" to 2 decimal places.) Part 2 Departmental Overhead Rate Hours per Unit Overhead cost per unit Molding $ 0.00 Trimming 0.00 Total Departmental Overhead Rate Hours per Unit Part X Molding Trimming Total Overhead cost per un $ 0.00 0.00