Please help answer attached question, thank you! Shipping orders processedTotal overheadRequired A Required B168,000$1,295,000Required:a. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the totalcost per unit produced for each product?b. How much overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unitproduced for each product?Complete this question by entering your answers in the tabs below.HandheldHome90Overhead50How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is thetotal cost per unit produced for each product? (Round "Total Cost per Unit" to 2 decimal places.)Total Cost perUnit140 Maglie Company manufactures two video game consoles: handheld and home. The handheld consoles are smaller and less expensivethan the home consoles. The company only recently began producing the home model. Since the introduction of the new product,profits have been steadily declining. Management believes that the accounting system is not accurately allocating costs to products,particularly because sales of the new product have been increasing.Management has asked you to investigate the cost allocation problem. You find that manufacturing overhead is currently assigned toproducts based on their direct labor costs. For your investigation, you have data from last year. Manufacturing overhead was$1,295,000 based on production of 320,000 handheld consoles and 111,000 home consoles. Direct labor and direct materials costswere as follows.Direct laborMaterialsHandheld$1,222,750790,000Home$396,000688,000Cost DriverNumber of production runsQuality tests performedShipping orders processedTotal overheadManagement has determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year are asfollows.Total$1,618,7501,478,000Costs Assigned$ 600,000527,000168,000$1,295,000Activity LevelHandheldHome45129051950Total5031140

Name: Please help answer attached question, thank you! Shipping orders proce
Uploaded: 2024-03-20T06:33:06.000Z
Channel: Bartleby
Description: Please help answer attached question, thank you! Shipping orders processedTotal overheadRequired A Required B168,000$1,295,000Required:a. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? Wh