Xle Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go- karts: Deluxe and Basic hetivity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $665,000 940,000 145,000 215,000 240,000 115,000 Expected Activity 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 125,000 budgeted 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. direct labor hours. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Requitea 1 Required 2 Come Required 1 antwide overhead rate for the year, assuming that the company assigns overhead based led direct labor hours. on 12 S 18.58 per direct labor hour Actual overhead costs Estimated direct labor hours $2.320.000 125,000 Required 2 > Xle Company Identified the following activities, costs, and activity drivers for this year. The company manufactures two types of karts: Deluxe and Basic Activity Expected Costs Expected Activity Handling materials $665,000 100,000 parts Inspecting product 940,000 1,500 batches Processing purchase orders 145,000 700 orders Paying suppliers 215,000 500 invoices Insuring the factory 340,000 40,000 square feet Designing packaging 115,000 2 models Required: 1. Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 bude 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 h- Assign overhead costs to each model using the single plantwide overhead rate. Answer is complete but not entirely correct. 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 Total DL Hours Plantwide OH Overhead required Rate Cost 2.500 5 18.56 35 46.400 X Deluxe model Basic model 6,000 $ 18.50 111.360