Check my 3 35 Doints Northwest Industrial Products Corporation makes two products product H and product L. Product His expected to sell 50,000 units and product L 100,000 units next year. A unit of either product requires 02 direct labour hours. The company's total manufacturing overhead for the year is expected to be $2.925,000 Required: 1. The company currently applies manufacturing overhead to products using direct labour-hours as the allocation base. If this method is followed, how much overhead cost will be applied to each product? Compute both the overhead cost per unit and the total amount of overhead cost that will be applied to each product. (In other words, how much overhead cost will be applied to a unit of product ? Product L? How much overhead cost will be applied in total to all the units of product H? Product L (Round Overhead cost per unit" to 2 decimal places.) eBook References Product Product Total Overhead cost per unit Total overhead cost 2. Management is considering an activity-based costing system and would like to know what impact this change might have on product costs. For the purpose of discussion, it has been suggested that all of the manufacturing overhead be treated as a product- level cost. The total manufacturing overhead would be divided in half between the two products, with $1,462,500 assigned to product Hanr 142 500 accinnat noci