Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go. karts Deluxe and Basic Activity Handling materiala 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 1,500 batehes 700 orders 500 invoices 40,000 square feet 2 modela Required: 1. Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted 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 hours. Assign overhead costs to each model using the single plantwide overhead rate. ces 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. Required 2 > Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go- karts Deluxe and Basic Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the tactory Designing packaging Expected Coats $ 715,000 990,000 195,000 265,000 390,000 165,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 10,000 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 budgeted 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 hours 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 decimal places. Total DL Hours required Plantwide OH Rate Total Overhead Cost Deluxe model Basic model