5 Activity Machine setup Parts handling Quality inspections Total budgeted overhead Cost Activity Driver $ 13,000 (20 machine setups) 10,400 (16,000 parts) 15,600 (100 inspections) $ 39,000 01:26:21 Unit Information Product A Product B Units produced 1,300 units 260 units Direct materials cost $ 23 per unit $ 33 per unit Direct labor cost $ 43 per unit $ 53 per unit Direct labor hours 2 per unit 2.50 per unit 1. Using a plantwide overhead rate based on 3,250 direct labor hours, compute the total product cost per un 2. Consider the following additional information about these two products. If activity-based costing is used to (a) compute overhead activity rates, (b) allocae overhead cost to Product A and Product B and compute over each, and (c) compute product cost per unit for each. Actual Activity Usage Product A Product B Setups 8 setups 12 setups 10,000 parts 6,000 parts Inspections 40 inspections 60 inspections erences Parts Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 3,250 direct labor hours, compute the total product cost per unit for ea Per Unit Direct Materials Product Cost Overhead Direct Labor per Unit Product A Product B 23 33 Roard Required 2 > Required 1 Required 2 Consider the following additional information about these two products. If activity-based costi cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Produc per unit for each, and (c) compute product cost per unit for each. (Round your final answers t a. Compute overhead activity rates Activity Activity Rate Machine setup per setup Parts handling per part Quality inspection per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Allocated Cost Activity Product A Product B Machine setup Parts handling Quality inspection Total allocated cost $ 0 $ Units produced Overhead cost per unit + c. Product cost per unit using activity-based costing Product Cost per Per Unit Unit Product A Product B 0