11 Required information. Part 1 of 2 The following information applies to the questions displayed below] Tent Master produces Pup tents and Pop-up tents. The company budgets $288,000 of overhead cost and 48,000 direct labor hours. Additional information follows 3 points Per Unit Pup tent Pop-up tent Selling Price Direct Materials Direct Labor 584 79 $22 23 $47 29 eBook Print References Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 48,000 direct labor hours 2. Pup tents use 4 direct labor hours (DLH) per unit and Pop-up tents use 3 direct labor hours per unit Compute the overhead cost per unit for each product 3. Compute the product cost per unit for each product 4. For each product, compute the gross profit per unit (selling price per unit manus the product cost per unit). Complete this question by entering your answers in the tabs below. Required I Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 48,000 direct labor hours. Numerator Denominator Redac Required 2 > Plantwide Overhead Rate Direct Labor Hours per Unit Overhead Cost per Unit Pup tent Pop-up tent per unit per unit < Required 1 Required 3 > Required 1 Required 2 Required 3 Required 4 Compute the product cost per unit for each product. Per Unit Direct Materials Direct Labor Overhead Cost Product Cost per Unit per Unit Pup tent S 22 $ 47 Pop-up tent 23 29 < Required 2 Required 4 > ences Per Unit Pup tent Pop-up tent Selling Price as negative values.) $ Product Cost Gross Profit 84 79 Required 3 Required 4> Required information [The following information applies to the questions displayed below] Tent Master produces Pup tents and Pop-up tents. The company budgets $288,000 of overhead cost and 48,000 direct labor hours. Additional information follows Per Unit Pup tent Selling Price $84 Direct Materials $22 Direct labor $47 Pop-up tent 79 23 29 Activity Assembly Electricity Materials purchasing Total Budgeted Cost $ 192,000 30,000 66,000 $288,000 Activity Cost Deiver Budgeted Activity Usage Direct labor hours (DLH) Hachine hours (H) 48,000 10,000 Purchase orders (PO) 500 Required: 1. Compute an activity rate for each activity using activity-based costing 2. The following actual activity usage produced 10,000 Pup tents and 5.000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product Activity Cost Driver Direct labor hours (DL) Machine hours (14) Purchase orders (PO) Activity Usage Pup tents 33,000 Pop up tents 15,000 3,500 150 350 6,500 3. Compute product cost per unit for Pup tents and for Pop-up tents 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit) Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate to 2 decimal places.) Activity Budgeted Cost Budgeted Activity Usage Activity Rate Assembly Electricity Materials purchasing Required 1 Required 2 > Pop-up tents and compute overhead cost per unit for each product. (Round "Activity Rate" and "Overnead per Unit 18 places.) Activity Assembly Electricity Materials purchasing Total allocated cost Units produced Overhead cost per unit Activity Assembly Electricity Materials purchasing Total allocated cost Units produced Overhead cost per unit Allocate overhead to Pup tent Activity Usage Activity Rate Allocated Cost $ 0 0 0 $ Allocated Cost Allocate overhead to Pop-up tent Activity Usage Activity Rate $ 0 0 0 $ 0 places.) Per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Pup tent $ 22.00 $ 47.00 Pop-up tent 23.00 29.00 < Required 2 Required 4 > Selling Price 84.00 79.00 Per Unit Pup tent $ Pop-up tent Product Cost Gross Profit