Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow.

Department	Budgeted Cost	Allocation Base	Budgeted Usage
Fabricating	$ 119,000	Machine hours (MH)	8,500	MH
Assembly	100,000	Direct labor hours (DLH)	2,000	DLH

Required:

Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs.

The company reports the following actual production usage data. Compute the overhead cost per unit for each model.

	Voltage		EasyRider
Machine hours per unit	2.0	MH	3.0	MH
Direct labor hours per unit	1.5	DLH	0.5	DLH

The company reports additional information below. For each model, compute the product cost per unit.

Per Unit	Selling Price	Direct Materials	Direct Labor
Voltage	$ 265	$ 95	$ 46
EasyRider	163	85	20

For each model, compute gross profit per unit (selling price per unit minus product cost per unit).

1. 

Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. Note: Round your "Hours per unit" amounts to 1 decimal place and other answers to 2 decimal places. The company reports additional information below. For each model, compute the product cost per unit. Note: Round your answers to 2 decimal places. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Note: Round your answers to 2 decimal places