9) A method of assigning overhead costs to a product using a single overhead rate is: A) Cost pool overhead rate method. B) Departmental overhead rate metho. C) Overhead cost allocation method. D) Activity-based costing. E) Plantwide overhead rate method. 4) Red Raider Company uses a plantwide overhead rate with direct labor hours as the allocation base. Next year, 400,000 units are expected to be produced requiring 0.9 direct-labor hours each. How much overhead will be assigned to each unit produced given the following estimated amounts? Estimated: Manufacturing overhead costs Direct labor hours Machine hours Department 1 $ 2,530,000 168,000 DLH 30,000 MH Department 2 $ 2,752,000 110,000 DLH 8,000 MH A) $139.00 per unit B) $17.10 per unit C) $19.00 per unit D) $125.10 per unit E) None of the choices [The following information applies to the questions displayed below. Red and White Company reported the following monthly data: Units produced Sales price Direct materials Direct labor Variable overhead Fixed overhead 2,000 units $ 25 per unit $ 1 per unit $ 2 per unit $ 3 per unit $ 8,000 in total 36) 36) What is Red and White's net income under absorption costing if 980 units are sold and selling and administrative expenses are $12,000? A) $(1,380) B) $6,620 C) $2,700 D) $(2,000) E) $10,620