3 Lucern Company reports the following for its overhead cost for the year. 0.5 points Activity Engineering support Electricity Setup Budgeted cost $ 24,500 34,000 52,500 Budgeted Activity Usage 70 design changes 3,400 machine hours 350 setups Skipped 1. Compute the activity rate for each activity using activity-based costing. 2. The company's Pro model used these activities to produce 1,200 units during the year: 2 design changes, 140 machine hours, an 12 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing. eBook Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 References Compute the activity rate for each activity using activity-based costing. Activity Budgeted Cost Budgeted Activity Usage Activity Rate Engineering support Electricity Setup Lucern Company reports the following for its overhead cost for the year. Activity Engineering support Electricity Setup Budgeted Cost $ 24,500 34,000 52,500 Budgeted Activity Usage 70 design changes 3,400 machine hours 350 setups 1. Compute the activity rate for each activity using activity-based costing. 2. The company's Pro model used these activities to produce 1,200 units during the year: 2 design changes, 140 machine hours, and 12 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 The company's Pro model used these activities to produce 1,200 units during the year: 2 design changes, 140 machine hours, and 12 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing. Activity Usage Activity Rate Allocated Cost Activity Engineering support Electricity Setup Total allocated cost Units produced Overhead cost per unit $ 0 0