Complete this question by entering your answers in the tabs below. Using labor-hours as the department allocation base for Department 1 and machine-hours as the department allocation base for Department 2, compute the alocation rate for esch. Note: Round your answern to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the unit cost of each model of backpack using the department allocation rates computed in requirement (b) (laborhours in Department 1 and machine-hours in Department 2). Noker Do not round your intermediate calculations, Round your answers to 2 docimal places: Trombly Travel Products (TTP) manufactures and sells travel bags and accessories. TPP produces backpocks at its Wst Street plant. The different backpack models afe identified by the primary material used: canvas, nylon, or leather. The company uses a plantwide rate based on direct labor-hours. The plantwide rate is $5.00 per labor-hout. All direct labor at TIP is paid $43 per hour Canvas and nylon backpacks are produced in Department 1. Leather backpocks are produced in Deportment 2. The product costs (per backpack) follow: Required: a. Compute the total unit cost of each backpack model using the plantwide allocation method. b. The machines in Department 1 are older and aimost fully depreciated. The equipment in Department 2 was recently updoted and the process in Department 2 is more highly automated. At the request of the manager of Department 1, a cost analyst at TTP provided the following information on overhead costs, machine prours and direct labor-hours for the two departments. Using labor-hours as the department allocation base for Department 1 and machine-hours as the department allocation bose for Department 2, compute the allocation rate for each. c. Compute the unit cost of each model of backpack using the deportment allocation rotes computed in requirement (b) (labor hours in Deportment 1 and machine-hours in Department 2 ). Note: Do not round your intermediate calculations. c. Compute the unit cost of each model of backpack using the department allocation rates computed in requirement (b) (labor-hours in Department 1 and machine-hours in Department 24. Note: Do not round your intermediate calculations. Complete this question by entering your answers in the tabs below. Compucte the total unit cost of each backpack model using the plantwide allocation method. Note: Po not round your intermestate calculations. Round your answers to 2 deciral places