3 Sport Number of units 3,200 Custom 1,800 Total 5,000 Direct materials cost per unit Conversion costs: $ 400 $ 1,100 Direct labor Overhead Total Required: $ 1,920,000 2,608,000 $ 4,528,000 a. Larned Recreation uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost per unit of the Sport and Custom models for the upcoming year. b. The financial team at Larned suggests that a two-stage system be used to compute the product cost of the two models. Their recommendation is to assign direct labor cost based on the number of units and overhead cost based on direct materials cost. Compute the cost per unit of the Sport and Custom models for the upcoming year using the team's recommendation. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B The financial team at Larned suggests that a two-stage system be used to compute the product cost of the two models. Their recommendation is to assign direct labor cost based on the number of units and overhead cost based on direct materials cost. Compute the cost per unit of the Sport and Custom models for the upcoming year using the team's recommendation. (Do not round intermediate calculations. Round "Unit cost" to 2 decimal places.) Sport Custom Total Conversion cost Direct labor Overhead Material cost Total cost Unit cost $ 1,228,800 ( $ 691,200 $ 1,920,000 695,467 1,912,533 $ 2,608,000 1,280,000 1,980,000 $ 3,260,000 $ 3,204,267 $ 4,583,733 $ 7,788,000 $ 1,001.33 $ 2,546.52 Show less