Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. Note: Round your final answers to 2 decimal places. a. Compute overhead activity rates Machine setup Parts handling Activity Quality inspection Activity Rate per setup per part per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Activity ces Machine setup Parts handling Quality inspection Total allocated cost Allocated Cost Product A Product B Units produced Overhead cost per unit c. Product cost per unit using activity-based costing Per Unit Product A Product B + Product Cost per Unit Show less▲ Activity Machine setup Parts handling Quality inspections Total budgeted overhead Unit Information Duuyolcu Cost Activity Driver $13,000 (20 machine setups) 10,400 (16,000 parts) 15,600 (100 inspections) $ 39,000 Units produced Product A 1,300 units Direct materials cost $ 23 per unit Product B 260 units $ 33 per unit Direct labor cost $ 43 per unit 2 per unit $ 53 per unit 2.50 per unit Direct labor hours 1. Using a plantwide overhead rate based on 3,250 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. Actual Activity Usage Setups Parts Inspections Product A 8 setups 10,000 parts 40 inspections Product B 12 setups 6,000 parts 60 inspections Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 3,250 direct labor hours, compute the total product cost per unit for each product. Per Unit Direct Materials Direct Labor Overhead Product A Product B Product Cost per Unit