10 points 5 Harrison Company makes two products and uses a conventional costing system in which a single plantwide, predetermined overhead rate is computed based on direct labour-hours. These products are customized to some degree for specific customers. Data for the two products for the upcoming year follow: 01:34:23 ed: MGM18500 - Midterm Exam - Friday Mc Graw Hill Direct materials cost per unit Direct labour cost per unit Direct labour-hours per unit Number of units produced Unit product cost Rascon Engineering design time (in hours) Required: 1. The company's manufacturing overhead costs for the year are expected to be $868,000. Using the company's traditional costing system, compute the unit product costs for the two products. (Do not round intermediate calculations and round your final answers to 2 decimal places.) Unit product cost Parcel $ Rascon $ Rascon 29.70 $ 20.30 $ 0.70 29,000 Parcel Parcel 22.70 4.20 0.40 120,000 2. Management is considering an ABC system in which half of the overhead would continue to be allocated on the basis of direct labour-hours and half would be allocated on the basis of engineering design time. This time is expected to be distributed as follows during the upcoming year: Saved Rascon Parcel 6,000 3,000 Compute the unit product costs for the two products using the proposed ABC system. (Do not round intermediate calculations and round your final answers to 2 decimal places.) D Total 9,000 Help Save & Exit Submit ID 100% O BL+

the pribelucts for thie upenmeng war fotlow Aequired: to 2 clecimst pisces] thereg the spectitio ye gound your finet entwers to 2 decimal placelid Hachon Company makes two peodicts and ures a conventional cosking system in which a single plantwide, predetermined overhead rate be computed based on direct labour-hours. These products are customized to rome degree for specisc customers. Difa for the two products for the upcoming year follow: Required: 1. The company's manilocturing overticad costs for the year are expected to be $868000. Using the company/s traditionat costing syster, compute the unil product costs for the two products, (De not round fintermediate calculations ond round your final answers to 2 decimal plecesi) 2. Manapernent is considering an ABC system in which haif of the ovedtead would continue to be allocated on the bass of direct tabour hours and hall would be afocated on the basif of engineening design time. Ths time is expected to be distributed is follows during the upcoming year; Compute the unil product costs for the two products bsing the proposed ABC yytem, (Do not round intermedinte caiculetions and round your final encwers to 2 decimal pleces