Check my work 7 Consider the following data for two products of Vigano Manufacturing. 3 points Activity Machine setup Parts handling Quality inspections Total budgeted overhead Budgeted Cost Activity Driver $ 23,000 (20 machine setups) 18,400 (16,000 parts) 27,600 (100 inspections) $ 69,000 8 03:49:16 Skipped Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Product A 2,300 units $ 33 per unit $ 53 per unit 2 per unit Product B 460 units $ 43 per unit $ 63 per unit 2.50 per unit eBook 001 Hint 1. Using a plantwide overhead rate based on 5,750 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. Print Actual Activity Usage Setups Parts Inspections Product A 8 setups 10,000 parts 40 inspections Product B 12 setups 6,000 parts 60 inspections References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 5,750 direct labor hours, compute the total product cost per unit for each product. Per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Product A Product B Check 7 Required 1 Required 2 3 points Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. (Round your final answers to 2 decimal places.) Show less 8 03:48:55 Skipped eBook Hint a. Compute overhead activity rates Activity Activity Rate Machine setup per setup Parts handling per part Quality inspection per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Allocated Cost Activity Product A Product B Machine setup Parts handling Quality inspection Total allocated cost $ 0 $ Units produced Overhead cost per unit c. Product cost per unit using activity-based costing Product Cost per Per Unit Unit Product A Product B Print 0 - References