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Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products-whole milk, skim milk, and cream-n two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $279,000 The three products consume both machine hours and direct labor hours in the two production departments as follows: Direct Labor Hours Machine Hours Blending Department 270 820 Whole milk Skim milk 300 740 Cream 230 300 800 1,860 Packing Department Whole milk Skim milk 30 470 550 160 580 190 Cream 1,060 1.240 Total 1,860 3,100 Required: 1. Determine the single plantwide factory overhead rate using each of the following location bases: (a) direct labor hours and (b) machine hours. It required, round all amounts to the nearest dollar. - Direct labor overhead rate per direct labor hour b. Machine Hour Overhead rate per machine hour 2. Determine the product factory overhead costs, in (a) the direct stor hour wide factory overhead rate and (b) the machine hour plantwide factory overhead ate Direct Labor Hours Machine Hours Blending Department Whole milk Skim milk 270 820 300 740 300 Cream 230 800 1,860 Packing Department Whole milik Skim milk 470 350 550 580 Cream 160 190 Total 1,060 1,240 1,860 3,100 Required: 1. Determine the single plantwide factory overhead ratt, using each of the following allocation bases: (a) direct tobor hours and (b) machine hours. It required, round all amounts to the nearest dollar a. Direct labor overhead rate per direct labor hour D. Machine hour overhead rate per machine hour 2. Determine the product factory overhead costs, using id) the direct labor hour startwide factory overhead rate and (b) the machine hour plantwide factory overneed rate Whole Milk Skim Milk Cream Direct labor houts Machine hours