Right Manufacturing Company is manufactures three models of electric panels (Base, Mid-range and Top-notch) in a continuous production process. Right uses traditional overhead allocation method using a single allocation base - Machine hours. The projected total MOH costs for the year were estimated as $629,800 with an anticipated total machine hours 6,700 for the same period. The number of units produced and machine hours used by the three products are as follows: Product Models Base Mid-range Top-notch Required: Part A Units Produced Machine hours used 3,000 3750 1,500 500 2100 850 a) Calculate the MOH allocation rate based traditional allocation method. MOH allocation rate based traditional allocation method: b) Determine the allocated MOH in total and per unit for each of the products in the table below: per machine hour Allocated MOH Base Mid-range Top-notch Total Per unit Senior management has asked the controller to conduct an activity-based costing study. The controller identified the amount of factory overhead required by the critical manufacturing activities as follows: Activities Purchasing Setup Machining Engineering Inspection Activity Cost Pool $29,000 $112,000 $268,000 $148,800 $72,000 $629,800 Activity Base Material order (MO) Setups Machine Hours (MH) Engineering Hours (EH) Inspection Hours (IH) The activity-base usage quantities and units produced for the three products were determined from corporate records and are as follows: Product Models Formula: MOH Allocation rate: Estimated MOH costs/E Allocated MOH to products = MOH Allocation Activity rate = Activity cost pool + Total numb Allocated MOH cost = Activity rate x Activity Total Allocated MOH cost for each product = MOH costs per unit of product = Total Allocat Base Mid-range Top-notch Total Required: Part B Number of Material order (MO) Number of Setups 300 250 250 800 Number of Machine Hours (MH) Number of Number of 100 200 3750 2100 Engineering Hours (EH) Inspection Hours (IH) 220 Number of Units produced 200 3,000 180 160 1,500 100 850 200 140 500 400 6,700 600 500 a) Determine the activity rate for each activity. Round all per unit amounts to the nearest cent. Activities Purchasing Setup Machining Engineering Inspection Activity Cost Pool Total Number of Activity Base Material order (MO) Setups Machine Hours (MH) Engineering Hours (EH) Inspection Hours (IH) b). Determine the total and per-unit MOH cost for all three products using Activity-based costing. Show all total costs to whole number and round all per unit amounts to the nearest cent. Activity rate