Check my work Doaktown Products manufactures fishing equipment for recreational uses. The Miramiche plant produces the company's two versions of a special reel used for river fishing. The two models are the M 008 a basic reel, and the M 123, a new and improved version Cost accountants at company headquarters have prepared costs for the two reels for the most recent period. The plant managers concerned. The cost report does not coincide with her intuition about the relative costs of the two models. She has asked you to review the cost accounting and help her prepare a response to headquarters Manufacturing overhead is currently assigned to products based on their direct labor costs for the most recent mooth, manufacturing overhead was $268.000. During that time, the company produced 11.500 units of the M.008 and 200 units of the M-123. The direct costs of production were as follows HOU H12 Total Direct materials $ 92,000 5 14,000 $ 176,000 Direct labor 92,000 42,000 134,000 Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for fast year were as follows Cost Driver Number of machine-hours Number of production runs Number of Inspections Total overhead Costs $ 85,500 90,000 92. Se 5260,000 Activity Level M- -125 1.000 9,000 20 20 15 35 Total 10.000 40 50 Required: Q. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total 15 35 Number of inspections Total overhead 50 92.500 $268.000 Required: a. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? b. How much of the overhead will be assigned to each product of direct labor cost is used to allocate overhead? What is the total cos per unit produced for each product? Complete this question by entering your answers in the tabs below. Required A Required B How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? (Round "Total unit cost to 2 decimal places.) M.008 M-123 Total overhead Total unit cost Hatima Required B > Check my work Number of inspections Total overhead 15 35 92.500 5263,000 Required: a. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? b. How much of the overhead will be assigned to each product of direct labor cont is used to allocate overhead? What is the total cost per unit produced for each product? Complete this question by entering your answers in the tabs below. Required A Required How much of the overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product? (Round "Total unit cost" to 2 decimal places. M-006 M-123 Total overhead Total unit cost