Comparing ABC and Plantwide Overhead Cost Assignments

Wellington Chocolate Company uses activity$-$based costing $($ABC$).$ The controller identified two activities and their budgeted costs:

Setting up equipment $$432,000$

Other overhead $$1,440,000$

Setting up equipment is based on setup hours, and other overhead is based on oven hours.

Wellington produces two products, Fudge and Cookies. Information on each product is as follows:

Required:

Calculate the activity rate for $($a$)$ setting up equipment and $($b$)$ other overhead.

a$.$ Setting up equipment $$,x$ per setup hour

b$.$ Other overhead $,$$$,x$ per oven hour

How much total overhead is assigned to Fudge using ABC $?$

$

What is the unit overhead assigned to Fudge using ABC $?$ Round to the nearest cent.

$x$ per unit

Now, ignoring the ABC results, calculate the plantwide overhead rate, based on oven hours.

$

$x$ per oven hour

How much total overhead is assigned to Fudge using the plantwide overhead rate?

$$