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Bike-O-Rama produces two bike models Voltage and Easy Rider Departmental overhead data follow Department Budgeted Cost Allocation Base Budgeted Usage Fabricating 5 119,800 Machine hours (PH) 8,500 Assembly 100,000 Direct labor hours (OLH) 2,000 DUH Required: 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model Voltage EasyRider Machine hours per unit 3.0 MM Direct labor hours per unit 1.5 DLH 3. The company reports additional information below. For each model compute the product cost per unit Per Unit Selling Price Direct Materials 85 4. For each model compute gross profit per unit (selling price per unit minus product cost per unit) 2.0 MM 0.5 DLH $95 Voltage EasyRider $ 265 163 Direct Labor $ 46 20 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 4 Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. Fabricating departmental overhead rate Assembly departmental overhead rale Required 2 > Required Murad 2 Required a Required The company reports the following actual production usage data. Compute the overhead cost per unit for each model. (Round your "Hours per unit amounts to ho decimal place and other wars to 2 decimal places) Department Departmental Overhead Rate Voltage Hours per Unit Overhead Allocated Easy Rider Hours per una Overhead Allocated Fabricating Assembly Total 0.00 0.00 Required Required 3 > Required 1 Required 2 Required 3 Required 4 The company reports additional information below. For each model compute the product cost per unit. (Round your answers to 2 decimal places.) Per Unit Diteet Materials Direct Labor Overhead Product Cost per Unit Voltage 0.00 EasyRider 0.00 Required 1 Required 2 Required 3 Required 4 For each model, compute gross profit per unit (selling price per unit minus product cost per unit). (Round your answers to-2 decimal places.) Selling Price Product Cost Per Unit Voltage EasyRider Gross Profit 5 0.00 $ 0.00