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. Compute the plantwide ofsthead rate using direct labor hours as the allocation base. Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Textra produces parts for a machine manufacturer. Parts go through two departments, Molding ond Trimming. The company budgets ovethead cost of $257.500 in the Molding department and $217,500 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