Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures tv- karts: Deluxe and Basic. Activity Expected Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $ 715,000 990,000 195,000 265,000 390,000 165,000 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Required: 1. Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 12 direct labor hours. 2. In January of this year, the Deluxe model required 2,500 direct labor hours and the basic model required 6.000 din Assign overhead costs to each model using the single plantwide overhead rate. Complete this question by entering your answers in the tabs below. Required 1 Required 2 In January of this year, the Deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate. (Round "OH cost" answers to 2 decir places.) Total Overhead Cost Deluxe model Total DL Hours Plantwide OH required Rate 2,500 $ 21.76 6.000 Basic model Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of karts: Deluxe and Basic Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $715,000 990,000 195,000 265,000 390,000 165,000 Expected Activity 100,000 parts 1,580 batches 700 orders 500 invoices 40,000 square feet 2 models Required: 1. Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125.000 budge direct labor hours. 2. In January of this year, the Deluxe model required 2,500 direct labor hours and the basic model required 6.000 direct labor hou Assign overhead costs to each model using the single plantwide overhead rate Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. Estimated overhead costs Estimated direct labor hours S160,000.00 per direct labor hour $ 2.720.000 1 Recure Required 2 >