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begin{tabular}{|c|c|c|c|} hline multicolumn{4}{|c|}{ Overhead cost per unit-Rounded Edge } hline Activity & Activity Usage & Activity Rate & Allocated Cost hline multicolumn{4}{|l|}{ Purchasing

image text in transcribedimage text in transcribedimage text in transcribed \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Overhead cost per unit-Rounded Edge } \\ \hline Activity & Activity Usage & Activity Rate & Allocated Cost \\ \hline \multicolumn{4}{|l|}{ Purchasing } \\ \hline \multicolumn{4}{|l|}{ Depreciation } \\ \hline \multicolumn{4}{|l|}{ Setup } \\ \hline Total allocated cost & & & $ \\ \hline \multicolumn{4}{|l|}{ Units produced } \\ \hline \multicolumn{4}{|l|}{ Overhead cost per unit } \\ \hline \multicolumn{4}{|c|}{ Overhead cost per unit-Squared Edge } \\ \hline Activity & Activity Usage & Activity Rate & Allocated Cost \\ \hline \multicolumn{4}{|l|}{ Purchasing } \\ \hline \multicolumn{4}{|l|}{ Depreciation } \\ \hline \multicolumn{4}{|l|}{ Setup } \\ \hline Total allocated cost & & & $ \\ \hline \multicolumn{4}{|l|}{ Units produced } \\ \hline Overhead cost per unit & & & 0 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Per Unit } & Direct Materials & Direct Labor & Overhead & Product Cost per Unit \\ \hline Rounded Edge & & & & \\ \hline Squared Edge & & & & \\ \hline \end{tabular} Northwest Company produces two types of glass shelving: rounded edge and squared edge. I he company reports the tollowing cost data. Northwest's controller wants to apply activity-based costing to allocate the $130,400 of overhead cost to the two products to see whether product cost per unlt would change markedly from that above. The company's budgeted actlvity usage equals its actual actlvity usage for the perlod. The following additional information is collected. Required: 1. Compute the actlivity rate for each actlivity using activity-based costing. 2 Compute overhead cost per unit for each of the two products using activity-based costing. 3. Determine product cost per unlt for each of the two products using actlvity-based costing. Complete this question by entering your answers in the tabs below. Compute the activity rate for each activity using activity-based costing. (Round "Activity rate" to 2 decimal places.)

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