Complete this question by entering your answers in the tabs below. Using a plantwide overhead rate based on 6,250 direct labor hours, compute the total product cost per unit for each product. 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. (Round your final answers to 2 decimal places.) \begin{tabular}{|l|l|l|} \hline Machine setup & \\ \hline Parts handling & & \\ \hline Quality inspection & & \\ \hline Total allocated cost & \\ \hline Units produced & \\ \hline Overhead cost per unit & \\ \hline Product A Product cost per unit using activity-based costing \\ \hline Product B \end{tabular} Required 1 1. Using a plantwide overhead rate based on 6,250 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