Consider the following data for two products of Vigano Manufacturing. Activity Machine setup Parts handling Quality inspections Total budgeted overhead Unit Information Units produced Direct materials cost Direct labor cost Direct labor hours Budgeted Cost Activity Driver $ 19,000 (20 machine setups) 15,200 (16,000 parts) 22,800 (100 inspections) $ 57,000 Product A 1,900 units Product B 380 units $ 39 per unit $ 29 per unit $ 49 per unit 2 per unit $ 59 per unit 2.50 per unit 1. Using a plantwide overhead rate based on 4,750 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. Actual Activity Usage Setups Parts Product A 8 setups 10,000 parts Product B 12 setups 6,000 parts Inspections 40 inspections 60 inspections Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using a plantwide overhead rate based on 4,750 direct labor hours, compute the total product cost per unit for each product. Per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Product A Product B Required 1 Required 2 > Required 1 Required 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. (Round your final answers to 2 decimal places.) a. Compute overhead activity rates Activity Machine setup Parts handling Quality inspection Activity Rate per setup per part per inspection b. Allocate overhead to Product A, B and compute overhead cost per unit Activity Machine setup Parts handling Quality inspection Total allocated cost Units produced Allocated Cost Product A Product B Overhead cost per unit c. Product cost per unit using activity-based costing Per Unit Product A Product B Product Cost per Unit < Required 1 Required 7 B Show less