Question: PLEASE HELP- same question part 1 & part 2!! Required information The following information applies to the questions displayed below) Textra produces parts for a

Required information The following information applies to the questions displayed below) Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $246,250 in the Molding department and $206,250 in the Trimming department. The company budgets 16,000 machine hours (MH) in Molding and 25,000 direct labor hours (DLH) in Trimming, Actual production information follows Part 1 Part X Totals Number of Units 3,000 4,000 Molding Department Hours per Unit Total Hours 2.0 M per unit 6,000 MH 2.5 MH per unit 10,000 MH 16,000 MH Trimming Department Hours per Unit Total Hours 3 DLH per unit 9,000 DLH 4 DLH per unit 16,000 DLH 25,000 DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base. 2. Determine the overhead cost per unit for each part using the plantwide rate. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the allocation base, Budgeted overhead costs $ 460,000 18.40 per machine hour Budgeted direct tabor costs 25.000 Required 2 > [ine ronowing information applies to the questions displayed below! Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $246,250 in the Molding department and $206,250 in the Trimming department. The company budgets 16,000 machine hours (MH) In Molding and 25.000 direct labor hours (DLH) in Trimming. Actual production information follows. Part 1 Part X Totals Number of Units 3,000 4,000 Molding Department Hours per Unit Total Hours 2.0 MH per unit 6,000 MH 2.5 MB per unit 10,000 MH 16,000 MB Trimming Department Hours per Unit Total Hours 3 LH per unit 9,000 DLH 4 DLR per unit 16,000 DLH 25,000 DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base. 2. Determine the overhead cost per unit for each part using the plantwide rate. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the overheld cost per unit for each part using the plantwide rate. (Round "Plantwide Overhead Rate" and "Overhead cost per unit to 2 decimal places.) Plantwide Overhead Rate Activity Usage Overhead cost per unit $ 18.40 per direct labor dollar 55.203 per unit 18.40 per direct labor dollar 16.000 73.60 per unit Part z 9,000 s
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