Consider the following data for two products of Vigano Manufacturing. Activity Bu:::ed Activity Driver Machine setup $ 23:666 (26 machine setups) Parts handling 18J466 (16,666 parts) Quality inspections 273669 (166 inspections) Total budgeted overhead $ 69:666 Unit Information Product a Product B Units produced 2,366 units 466 units Direct materials cost $ 33 per unit $ 13 per unit Direct labor cost $ 53 per unit 55 63 per unit Direct labor hours 2 per unit 2.56 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. Considerthe following additional information about these two products. If activitybased 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 Product A Product B Setups 8 setups l2 setups Parts 16,666 parts 6J666 parts Inspections 46 inspections 66 inspections Complete this question by entering your answers in the tabs below. Required 1 Required 2 Consider the following additional information about these two products. If activitybased costing is used to allocate cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute over per unit for each, and (c) compute product cost per unit for each. {Round your final answers to 2 decimal places.) Machine setup 23,000.00 6 per setup 10,000.00 6 per part per inspection Parts handling Quality inspection Machine setup Parts handling Qualityr inspection Total allocated cost Units produced 460 0 Overhead cost per unit 35 81.00 a