Xle Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go- karts: Deluxe and Basic etty Expected Coats Expected Activity Handling materials $650,000 100,000 parts Inspecting product 925,000 1,500 batches Processing purchase orders 130,000 700 orders Paying suppliers 200,000 500 Invoices Insuring the factory 325,000 40,000 square feet Designing packaging 100,000 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 plentwide 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 Handling materials Tapeeting product Processing purchase orders Taying suppliers Inwuring the factory Designing packaging $650,000 925,000 130,000 200,000 325,000 100,000 100,000 parts 1,500 batches 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. 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 ting the single plantwide overhead rate. (Round "OH cost" answers to 2 decimal places) Total DL Hours Plantwide OH required Rate 2.500 5 11.00 6,000 Total Overhead Cost Deluxe model Basic model