Petrov Company identified the following activities, estimated costs for each activity, and identified cost drivers for each

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Petrov Company identified the following activities, estimated costs for each activity, and identified cost drivers for each activity for this coming year. These are the first three steps of activity-based costing.

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a. Using the estimates for the year, compute the predetermined overhead rate for each activity (step 4 of the activity-based costing process).

b. Using the activity rates calculated in requirement a and the actual cost driver activity levels shown for March, allocate overhead to the three products for the month of March (step 5 of the activity-based costing process).

c. For each product, calculate the overhead cost per unit for the month of March.
Round per unit costs to the nearest cent.

d. For each product, calculate the product cost per unit for the month of March.
Round per unit costs to the nearest cent.

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