Consider the following data for two products of Vigano Manufacturing, Activity Machine setup Parts handling Quality inspections Total budgeted overhead Budgeted Activity Driver Cost $ 26,000 (20 machine setups) 20,800 (16,000 parts) 31,200 (100 inspection) $ 78,000 Unit Information Product X Product B Unito produced 2,600 unito 520 units Direct materials cont $ 36 per unit $ 46 per unit Direct labor cost $ 56 per unit $ 66 per unit Direct labor hours 2 per unit 2.50 per unit 1. Using a plantwide overhead rate based on 6,500 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 Prodct A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each Actual Activity Unage Product Product B Setupe 8 setup 12 setups Parts 10,000 parts 6,000 parts Inspections 40 inspection 60 Inspections Complete this question by entering your answers in the tabs below. Required 1 Required 2 Product Cost Using a plantwide overhead rate based on 6,500 direct labor hours, compute the total product cost per unit for each product. Per Unit Direct Materials Direct Labor Overhead per Unit Product A Product B 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 umt 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 Activity Rate Machine setup per setup Parts handling per part Quality inspection per inspection b. Allocate overhead to Product A, B and computo overhead cont par unit Allocated Cost Activity Product A Product B Machine setup Parts handling Quality inspection Total allocated cost Units produced Overhead cost per unit c. Product cost per unit using activity-based costing Product Cost per Per Unit Unit Product A Product B