1:00 Time Left:1:53:04 Kenysha Whams: Attempt 1 Question 19 (16 points) King Corporation produces and sells two models of a control device - Standard and Deluxe. Currently, company is allocating factory overhead costs using a plantwide overhead rate based on direct labor hours. Product line data: Products Standard Model Deluxe Model Production volume in units 150,000 100,000 Total Direct material cost $300,000 $434,000 $734,000 Direct labor cost $540,000 $505,400 $1,045,400 Direct labor hours 54,000 56,000 110,000 Machine hours 40,000 30,000 70,000 Breakdown of company's total $1,182,500 factory overhead cost by major factory overhead causing activities is as follows: Overhead Activities: Overhead Cost Driver Production Setup $296,000 Number of setups Maintenance hours of Factory Maintenance $274,700 worked Machining $611,800 Machine hours $1,182,500 Activity usage by each product line: Total number of setups Total maintenance hours worked in each area of production Number of machine hours Standard Deluxe Model Model 6 10 2000 3000 40,000 30,000 Compute total cost per unit of Standard model under company's current method for assignment of factory overhead costs using a plant-wide overhead rate based on direct labor hours and Activity Based Costing overhead rates, respectively. Example of Answer: 5.65 or 5.60 or 5.00 Two decimal points. No space, comma, or $ sign. Total cost per unit of Standard model under company's current plant-wide rate = A Total cost per unit of Standard model under Activity Based Costing rates =