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 Expected Costs Expected Activity 5670,000 Inspecting product 95.000 1.500 batches Processing purchase orders 150.000 Paying suters 220,000 500 Invoices Ensuring the factory 25,000 40,000 square feet Designing packaging Required: 1. Compute a single plannwide 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: Required 2 Computea sindleplantwide 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 kort Deluxe and Basie Activity Expected Costs Expected Activity Handling materials 5670,000 100.000 perts Inspecting product 945,000 1,500 batches Processing purchase orders 150,000 Paying wellers 220,000 500 Inces Ensuring the factory 25,000 40,000 square feet Designing a 120,000 Required: 1. Compute a single plontwice overhead rate for the year, assuming that the company assigns overhead based on 125.000 budget 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 plontwide overhead rate Complete this question by entering your answers in the tabs below. Required In January of this year, the Deluce 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 Total DL Hours Planwide OH Total Overhead Cost Dere model Basic model