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Required information [The following information applies to the questions displayed below. ] Tent Master produces Pup tents and Pop-up tents. The company budgets $270,000 of overhead cost and 54,000 direct labor hours. Additional information follows. Per Unit Selling Price Direct Materials Direct Labor Pup tent $ 84 $ 25 $ 47 Popup tent 79 25 32 Budgeted Activity Budgeted Cost Activity Cost Driver Activity Usage Assembly $ 162.000 Direct labor hours (DLH) 54,000 Electricity 36.000 Machine hours (MH) 10,000 Materials purchasing 72.000 Purchase orders (P0) 600 Total $ 270.000 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 6,000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. Activity Usage Activity Cost Driver Pup tents Popup tents Direct labor hourleLH) 36.000 18.000 Machine hours (MH) 4,500 5,500 Purchase orders(P0) 250 350 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). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places.) Assembly $ 162,000 54,000 direct labor hours 35 3.00 per direct labor hour Elem-w 36,00 1000 s 3.60 Materials purchasing 72,00 m $ 120.00 per purchase order Complete this question by entering your answers in the tabs below. Required1 RequiredZ Required3 Required4 The following actual activity usage produced 10,000 Pup tents and 6,000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. (Round "Activity Rate" and "Overhead per unit" to 2 decimal places.) 36,000 direct labor hours $ 3.00 per direct labor hour $ 108,000 Electricity 4.500 m s 3.60 per machine hour 16,200 Materials purchasing m $ 120.00 per purchase order 30,000 Total allocated cost $ 154,200 Units produced Overhead cost per unit 18.000 direct labor hours $ 3.00 per direct labor hour 54,000 Electricity 5,500 m $ 3.60 per machine hour 19,800 Materials purchasing $ 120.00 per purchase order 42,000 Total allocated cost $ 115,800 Units produced Overhead cost per unit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 For each product, compute the gross prot per unit (selling price per unit minus the product cost per unit). (Round "Activity Rate" and final answers to 2 decimal places. Enter any product costs in excess of selling prices as negative values.) Pop-up tent