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Shakti Company budgets overhead cost of $104,000 for the year. The company reports the following for its standard and deluxe models. 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 6,500 direct labor hours. 2. The standard model uses 2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit Compute overhe cost per unit for each model. 3. Compute the total product cost per unit for both models. Q Answer is not complete. Complete this question by entering your answers in the tabs below. The standard model uses 2 direct labor hours per unit and the deluxg model uses 3 direct labor hou ser unit. Compute overhead cost per unit for each model. Compute the total product cost per unit for both models. Shakti Company budgets overhead cost of $104,000 for the year. The company reports the following for its standard and deluxe models. 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 6,500 direct labor hours. 2. The standard model uses 2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit Compute overhe cost per unit for each model. 3. Compute the total product cost per unit for both models. Q Answer is not complete. Complete this question by entering your answers in the tabs below. The standard model uses 2 direct labor hours per unit and the deluxg model uses 3 direct labor hou ser unit. Compute overhead cost per unit for each model. Compute the total product cost per unit for both models