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Exercise 17-9 (Algo) Allocating overhead using plantwide rate and departmental rates LO P1, P2 Laval produces lighting fixtures. Budgeted information for its two production departments follows. The departments use machine hours (MH) and direct labor hours (DLH). Assembly Fabricating $1,330,000 Overhead cost $ 480,000 Direct labor hours 412,500 DLM 40,000 DLH 78,500 MH Machine hours 95,000 MH Laval reports the following for one of its products, a desk lamp. Assembly Department Fabricating Department Number of Direct Labor Hours Unita per Unit Machine Hours per Direct Labor Hours Machine Hours per Unit per Unit Unit Desk Lamp 6,000 4 DLH per unit 2 MII per unit 2 DLH per unit 0.5 MH per unit Required: 1. Determine the plantwide overhead rate using 452,500 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Check my Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the plantwide overhead rite using 452,500 direct labor hours as the allocation base. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. Plantwide Overhead Rate Hours Used Desk lamp Required 3 > Required 1 Required 2 Required 31 Required 4 Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Department Departmental Overhead Rate: Hours per Unit Overhead Cost per Unit $ 0 Required 4 > Fabricating Assembly Total