11 Required: 21. Calculate the direct materials cost per unit and direct labor cost per unit for each product. 13 14 15 E Using the plantwide allocation method, calculate the predetermined overhead rate and determine the overhead cost per unit allocated to the dock and table products. b. Using the plantwide allocation method, calculate the product cost per unit for the desk and table products. Round results to the nearest cent a. Using the activity-based costing allocation method, calculate the predetermined overhead rate for each activity. (Hint Stop 1 through stop 3 in the activity-based costing process have already been done for you; this is step 4.) b. Using the activity-based costing allocation method, allocate overhead to each product. (Hint: This is step 5 in the activity based costing process.) Determine the overhead cost per unit. Round results to the nearest cont 16 c. What is the product cost per unit for the dask and table products? 17 4. Calculate the per unit profit for each product using the plantwide approach and the activity-based costing 18 approach. How much did the per unit profit change when moving from one approach to the other? PDOH 19 20 #1 Materials & Labor Cost per Unit Desk 22 Direct materials 23 Direct Labor 04 25 FR 26 37 28 29 Applied 30 Table 190.00 BOLOO 160.00 Estimated OH Costs Estimated DLS 6.000.000 2.000.000 BLOO Deck Table 3.600.000 2400.000 Deck Table 32 Direct materials 133 Direct Labor 105.00 80.00 190.00 160.00 34 OH Apolled 240.00 480.00 135 Product Cost per unit 425.00 830.00 36 1372 ABC 38 Activity Poolc Cost Poolc 39 140 Purchase orders 41 Machine sotu 142 Machine maintenance 44 45 46 47 48 49 501 Quality inspections 51 $4 Plantwide: #3.a Unlocked Work Aro Dock Table Driver Estimated Driver Activity OH Driver Rate Used Appiled Driver Appiled Overhed Used Overhed 800.000 # of purchase ordfors 1.000 800 1.600.000 #of sotups 500 3.200 2.400.000 Machine hours 60,000 40 1,200.000 # of inspections 20.000 GO 8,000,000 HILO Units Produced Overhead Cost per Unit Direct maton als Drict Labor Total Unit Cost 52 Dock Table Unlocked Work Area 53 Balos, per unit 54 Cost-por unit 56 Gross Pro por un 56 57 ABC: 58 Dock Tablo 59 Sales per unit 60 Cost per unit 61 Gross Pro, per uni 62 63 Change in gross Pront 64 65 66 67 68 69 70 2.18 2.23 2.24 2.26 2.32 234