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Required information The following information applies to the questions displayed below] Textra produces parts for a machine manufacturer. Rarts go through two departments. Molding and Trimming. The company budgets overhead cost of $256,250 in the Molding department and \$216.250 in the Trimming department. The company budgets 16,000 machine hours (MH) in Molding and 25,000 direct labor hours (D.H) in Trimming Actua! production information follows. Required: 1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate fo the Trimming department based on direct labor hours. 2. Determine the overhead cost per unit for each part using the departmental rates. Complete this question by entering your answers in the tabs below. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours. Textra produces parts for a machine manufacturet. Parts go through two departments, Molding and Trimming The company budgets overhead cost of $256,250 in the Molding department and $216.250 in the Trimming department. The company budgets 16,000 machine hours (Mit- in Molding and 25,000 direct labor hours (DLH) in Trimming. Actuat production information follows. Required: 1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmentat overhead rate for the Trimming department based on direct labor hours: 2. Determine the overhead cost per unit for each part using the departmental rates. Complete this question by entering your answers in the tabs below. Determine the overhead cost per unit for each part using the departmental rates. (Round "overhead rate" and "Hours per unit' to 2 decimal places

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