Hall, Incorporated manufactures two components, Standard and Ultra, that are designed for the same function, but are made of different metals for operational performance reasons. The metal used in Standard is easy to work with and there are few quality issues or reworking required on the machines. The metal used in Ultra Is more difficult to work with and often needs additional machine time and rework. Data on expected operations and direct costs for the next fiscal year follow: Units produced Direct labor-hours used Machine-hours used Direct materials costs Direct labor costs Account Administration Engineering Machine operation and maintenance Miscellaneous Supervision Total Standard Required A Required B 39,000 117,000 19,500 $ 2,979,000 2,520,000 The planning process team at Hall, Incorporated has estimated the following manufacturing overhead costs for the next fiscal year: Ultra Product cost per unit 12,000 22,500 22,500 Standard $ 3,291,000 855,000 Complete this question by entering your answers in the tabs below. Ultra Amount $ 825,400 3,058,000 830,000 The cost accounting system at Hall, Incorporated calculates product costs by adding allocated overhead to the direct costs of the product. Overhead costs are allocated based on direct labor-hours. 540, 100 884,500 $ 6,138,000 Required: a. Compute the estimated per unit product costs for the next fiscal year, based on the current cost accounting system. b. An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analyst suggests that overhead be first assigned to on one of two cost pools: Machine related and labor related. Machine-related overhead consists of the accounts "Engineering" and "Machine operation and maintenance." Labor-related overhead consists of the remaining manufacturing overhead. Machine-related costs would be allocated based on machine-hours. Labor-related overhead would be allocated based on direct labor cost. Compute the estimated per unit product costs for the next fiscal year, based on the system proposed by the analyst. Total 51,000 139,500 42,000 $ 6,270,000 3,375,000 Compute the estimated per unit product costs for the next fiscal year, based on the current cost accounting system.