Combat Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The horme model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 pounds of multi-purpose dry chemical at 480 PSIThe commercial model s a low-volume 10,200 units), two-gallon cylinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 1.5 hours of direct labor for completion. Therefore, total annual direct labor hours are 96 300 or 1.5 hours 54,000 + 10 200 ]. Expected annual manufacturing overhead is $1,567,400Thus the predetermined overhead rate is $16.28 ($1,567,400 96 300 per direct labor hour. The direct materials cost per unit is $18.50 or the home model and S26.50 for the commercial model. The direct labor cost is $19 per unit for both the home and the commercial models The company's managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows Expected Use of Drivers by Product Expected Use of Cost Drivers Activity Cost Pools Receiving Forming Cost Drivers Estimated Overhead Home Commercial Machine hours Number of parts Number of tests Gallons Pounds S85,500 153,000 410,000 45,000 53,900 820,000 $1,567,400 335,000 215,000 35,000 27,000 217,000 165,000 25,500 15,500 3,680 335,000 215,000 120,000 8,000 52.000 10,000 1,578 120,000 Testing Painting Packing and shipping 5,258 Under traditional product costing, compute the total unit cost of each product. (Round answers to 2 decimal places, e.g. 12.25.) Home Model Commercial Model Total unit cost Under ABC, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Round overhead rate to 2 decimal places, e.g. 12.25.) Activity Cost Pool Receiving Estimated Overhead Expected Use of Cost Drivers Activity-Based Overhead Rate Pounds per pound Machine hours per machine hour Forming Assembling Testing Painting Packing and shipping Parts per part ests per test Gallons per gallor Pounds per pound Prepare a schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers. (Round overhead cost per unit to 2 decimal places, e.g. 12.25 and cost assigned to 0 decimal places, e.g. 2,500.) Home Model Model Expected Use of Activity-Based Expected Use of Activity-Based Activity Cost Pool Cost Assigned Drivers Overhead Rates Drivers head Rates Cost Assigned Receiving Forming Assembling Testing Painting Packing and shipping Total costs assigned (a) Units produced (b) Overhead cost per unit (a) (b)l Compute the total cost per unit for each product under ABC. (Round answer to 2 decimal places, e.g. 12.25.) Home Model Commercial Model Total cost per unit Classify each of the activities as a value-added activity or a non-value-added activity. Activity Non-value-added Value-added Forming Assembling Testing Painting Packing and shipping