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Can someone please help me answer this assignment? If you can provide explanations that'd be great! ( Please answer quickly ) Wallace Pharmaceuticals' original single

Can someone please help me answer this assignment? If you can provide explanations that'd be great! (Please answer quickly)
Wallace Pharmaceuticals' original single plantwide overhead allocation rate costing system allocated overhead costs to products at $81.50 per machine hour. Compute the total overhead costs allocated to the commercial containers and to the travel packs under the original system. Then compute the overhead cost per unit for each product. Round to two decimal places.
Compute the predetermined overhead allocation rate for each activity.
Use the predetermined overhead allocation rates to compute the activity-based costs per unit of the commercial containers and the travel packs. Round to two decimal places. (Hint: First compute the total activity-based costs allocated to each product line, and then compute the cost per unit.)
Compare the overhead activity-based costs per unit to the overhead costs per unit from the traditional system. How have the unit costs changed? Explain why the costs changed.
Wallace Pharmaceuticals manufacturers an over-the-counter allergy medication. The company sells both large commercial containers of 1,000 capsules to health care facilities and travel packs of 20 capsules to shops in airports, train stations, and hotels. The following information has been developed to determine if an activity-based costing system would be beneficial: View the information.
Read the requirements.
Requirement 1. Wallace Pharmaceuticals' original single plantwide overhead allocation rate costing system allocated overhead costs to products at $81.50 per machine hour. Compute the total overhead costs allocated to the commercial containers and to the travel packs under the original system. Then compute the overhead cost per unit for each product. Round to two decimal places.
Select the formula, and then enter the amounts to compute the indirect cost per unit for each product. (Abbreviation used: mfg.= manufacturing. Round dollar amounts to two decimal places.)
Requirement 2. Compute the predetermined overhead allocation rate for each activity.
Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate for each activity. (Abbreviation used: qty = quantity. Round your answers to the nearest whole dollar.)
Requirement 3. Use the predetermined overhead allocation rates to compute the activity-based costs per unit of the commercial containers and the travel packs. Round to two decimal places. (Hint: First compute the total activity-based costs allocated to each product line, and then compute the cost per unit.)
Begin by selecting the formula to allocate overhead (OH) costs.
Compute the total activity-based costs allocated to commercial containers, and then compute the cost per unit for commercial containers. Finally, compute the total activity-based costs allocated to travel packs then compute the cost per unit for travel packs. (Round the cost per unit to two decimal places.)
\table[[,Commercial containers],[Materials handling,],[Packaging,],[Quality assurance,],[Total activity-based costs,],[Number of units,],[Activity-based cost per unit,]]
Requirement 4. Compare the overhead activity-based costs per unit to the overhead costs per unit from the traditional system. How have the unit costs changed? Explain why the costs changed.
Relative to activity-based costing (ABC), the traditional system the commercial containers and the travel packs.
The traditional system allocates overhead costs solely on Activity-based costing ( ABC ) recognizes that although commercial containers require machine hours per unit than travel packs, they the same proportion of material handling and quality assurance.
Information
\table[[Cost Pool,,\table[[Estimated Total],[Overhead Cost]],Allocation Base,\table[[Estimated Total],[Quantity of],[Allocation Base]]],[Materials handling,$,95,000,0 Number of kilos,19,000 kilos],[Packaging,,200,000,Number of machine hours,5,000 hours],[Quality assurance,,112,500,Number of samples,1,875 samples],[Total indirect costs,$,407,500,,]]
Actual production information includes the following:
\table[[,Commercial Containers,Travel Packs],[Units produced,3,400 containers,50,000 packs],[Weight in kilos,10,200,10,000],[Machine hours,2,550,500],[Number of samples,340,750]]
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