Calculate the budgeted unit cost of classicand goldstatuettesbased on a single plant-wide overhead rate, if total overhead is allocated based on total direct costs. (Don't forget to include direct material and direct manufacturing labor cost in your unit cost calculation.)(5 marks)

2. Calculate the budgeted unit cost of classicand goldstatuettesbased on departmental overhead rates, where forming department overhead costs are allocated based on direct manufacturing labor costs of the forming department and assembly department overhead costs are allocated based on total direct manufacturing labor costs of the assembly department.(5 marks