Use the following information for the Exercises below. (Aigo) [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 $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 Number of Units Holding Department Hours per Unit fotal Trinning Department Hours per Unit Total Hours Part 2 3,400 per unit 3 DLH per unit 9,000 DLH Part X Totals 4,000 10,000 MH 4 0LH per unit 16,000 DLH 25,000 DLH Exercise 4-8 (Algo) Departmental overhead rates LO P2 Required: 1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate fou the Trimming department based on direct labor hours 2. Determine the overhead cost per unit for each part using the departmental rates. Answer is not complete. 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 departmental rates. (Round Overhead rate and Hours per unit to 2 decimal places.) Part Z Molding Trimming Total Departmental Overhead Rate Hours per Unit Overhead cost per unit 0.00 0.00 Part X Departmental Overhead Rate Hours per Unit Overhead cost per unit Molding Trimming 20,000,00 0.00 0,00 Total