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 90,000 270,000 Prime costs $6,300,000 $32,400,000 $38,700,000 Machine hours 90,000 450,000 540,000 Engineering hours 200 1,800 2,000 Receiving orders 200 600 800 Inspection hours 600 1,200 1,800 Overhead costs: Machining $6,480,000 Engineering 860,000 Receiving 312,000 Inspecting products 252,000 Required: 2. Calculate the unit costs using activity rates. Round your answers to the nearest cent. Unit cost Basic 14.75 X per unit Advanced $ 23.93 X per unit Calculate the overhead cost per unit. Round your answers to the nearest cent. Overhead Cost Basic 84.75 Xp Incorrect. Advanced $ 143.93 X 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 $ 83,160 X Advanced $ 166,320 X