10 Doaktown Products manufactures fishing equipment for recreational uses. The Miramichi piant produces the company's two version of a special reel used for river fishing The two models are the M-008, a basic reel and the M-23. a new and improved version Cost accountants et company headquarters have prepared costs for the two reels for the most recent period. The plant manager is concerned. The cost report does not coincide with her intuition about the relative costs of the trio model. She has asked you to review the cost accounting and help her prepare a response to headquarters Manufacturing overhead is currently assigned to products based on their direct labor costs. For the most recent mort, manufacturing ovemend was $351,200. During that time, the company produced 14,700 units of the M-008 and 2900 units of the M-123. The direct costs of production were as follows Total Direct materiais $117.5116, $ 237,600 Direct Latur 117, 58.000 175, Po Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for fast year were is follows Costa $175,200 Total 10.000 10 0 hours No poco ton Total www 5151,2 Required a how much overhead will be signed to each product of these three cost drivers we used to allocate overhead? What is the total cost per unit produced for och product? b. How much of the overhead will be assigned to oth product of direct labor cost is used to stocate overhead? What is the total cost per un produced for each product? Complete this question by entering your answers in the tab below. How much overhead will be used to each product if these three cout drivers were to locate Orad? What is the total cost per produced for each product (ound Total untos de places) Total 10 po Doktown Products manufactures fishing equipment for recreational uses. The Mramiche plant produces the company's two versions of a special related for vor fishing The two models are the M-008. a basic tool, and the M-23. a new and improved version Cost accountants at company headquarters have prepared costs for the two rools for the most recent period the part manager is concerned. The cost report does not coincide with her intuition about the relative costs of the two modes She has asked you to review the cost accounting and help her prepare a response to headquarters Manufacturing overhead is currently assigned to products based on their direct labor costs. For the most recent mort, manufacturing overhead was $351200. During that time, the company produced 14700 units of the M-008 and 2900 units of the M-123. The direct costs of production were as follows. Total Direct materials $117. 116.000 $223, GO Director 117. 175.000 Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year were as follows Costs hours lor . Total 10,000 . . 1151.200 10 25 2,000 30 25 Total Required: a. How much overhead will be assigned to each product of these three cout drivers are used to locate overhead? What is the tota cost per unit produced for each product? b. How much of the overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total com per unit produced for each product Complete this question by entering you answers in the tabs below. How much of the overhead be signed to each product if direct labor cost is used to locate overhead what the tots! cost per unit produced for each product and Total unit cost to 2 decimal places) M-122