Check my world Exercise 4-11 (Algo) Computing product cost per unit using plantwide method and activity-based costing LO P1, P3 Consider the following data for two products of Vigano Manufacturing Activity Machine setup Parts handling Quality inspections Total budgeted overhead Budgeted Cost Activity Driver $ 30,eee (ze machine setups) 24,000 (16,800 parts) 36,880 (1ee inspections) $ 90,eee Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Product A 3,800 units $ 40 per unit $ 60 per unit 2 per unit Product B 600 units $ 58 per unit $ 70 per unit 2.50 per unit 1. Using a plantwide overhead rate based on 7.500 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. Actual Activity Usage Setups Parts Inspections Product A 8 setups 18,00e parts 40 inspections Product B 12 setups 6,8ee parts 60 inspections Complete this question by entering your answers in the tabs below. inspections 40 inspections 6, Bow parts 68 inspections Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 7.500 direct labor hours, compute the total product costs Per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Product A Product B Required 2 > https://ezto.mheducation.com/ex... to 2-11 Sa. Help Save & EX Submit Check my work Required 1 Required 2 Consider the following additional information about these two products. If activity-based costing is u cost. (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product 8 and per unit for each, and (c) compute product cost per unit for each. (Round your final answers to 2 de 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 $ 0 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 Products