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2. Northwest Company produces two types of glass shelving: rounded edge and squared edge. The company reports the following cost: data. Northwest's controller wants to
2. Northwest Company produces two types of glass shelving: rounded edge and squared edge. The company reports the following cost: data. Northwest's controller wants to apply activity-based costing to allocate the $108,000 of overhead cost to the two products to see whether product cost per unit would change markedly from that above. The company's budgeted activify usage equals its actual activity usage for the period. The following additional information is collected. Compute the activity rate for each activity using activity-based costing. (Round "Activity rato" to 2 decimal places:) \begin{tabular}{|l|l|l|l|l|} \hline Activity & Budgeted Cost & & \\ \hline Purchasing & & & \\ \hline Depreciation & & & \\ \hline Setip & & & \\ \hline & & & \\ \hline \end{tabular} Compute overhead cost per unit for each of the two products using octivity-besed costing. (Round "Activity Rate" to 2 decimal places and other answers to the nearest whole dollar amount.) Determine product cost per unit for each of the two products using activity-based costing. (Do not round intermediate values: Round your onswers to 2 decimal ploces.)
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