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BikeO-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Budgeted Cost Allocation Base Budgeted Usage Fabricating $ 114,400 Machine hours (MH) 8.800 MH Assembly 126,500 Direct labor hours (DLH) 2.300 DLH Required: 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. Voltage EasyRider Machine hours per unit 2.0 MH 3.0 MH Direct labor hours per unit 1.4 DLH 0.6 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Selling Price Direct Materials Direct Labor Voltage $ 268 $ 98 $ 40 EasyRider 166 88 10 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. Fabricating departmental overhead rate Assembly departmental overhead rate Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 The company reports the following actual production usage data. Compute the overhead cost per unit for each model. (Round your "Hours per unit" amo decimal place and other answers to 2 decimal places.) Fabricating __-_- __--_ Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 For each model, compute gross prot per unit (selling price per unit minus product cost per unit). (Round your answers to 2 decimal places.) EasyRider