Activity-Based Product Costing Roberts Company produces two weed eaters: basic and advanced. The company has four activities: machining, engineering, receiving and inspection Information on these activities and their drivers is given below. Basic Advanced Total Units produced 150,000 450,000 Prime costs $10,500,000 $45,000,000 $55,500,000 Machine hours 150,000 750,000 900,000 Engineering hours 200 1,800 2,000 Receiving orders 300 900 Inspection hours 900 1,800 2,700 1.200 $9,900,000 Overhead costs: Machining Engineering Receiving Inspecting products 980,000 300,000 513,000 2. Calculate the unit costs using activity rates. Round your answers to the nearest cent. Unit cost Basic per unit Advanced per unit Calculate the overhead cost per unit. Round your answers to the nearest cent. Overhead Cost Basic per unit Advanced per unit 3. If consumption ratios instead of activity rates were used to assign costs instead of activity rates, show the cost assignment for the inspection activity, Cost assignment Basic Advanced