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 $ 23,000 (20 machine setups) 18,400 (16,000 parts). 27,600 (100 inspections); $ 69,000 Product A 2,300 units Product B 460 units $ 43 per unit $ 33 per unit $ 53 per unit 2 per unit $ 63 per unit 2.50 per unit 1. Using a plantwide overhead rate based on 5,750 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 Product A 8 setups Product B Parts Inspections 10,000 parts 40 inspections 12 setups 6,000 parts 60 inspections Complete this question by entering your answers in the tabs below. 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 Machine setup Activity Activity Rate per setup Show less A Parts handling Quality inspection 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 net ner unit $ Allocated Cost Product A Product B 13. c. Product cost per unit using activity-based costing Product Cost per Per Unit Product A Product B Unit