Cost Cost driver Activities Batch Level $16,720 38 setup Rooney Company produces commercial gardening equipment. Since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. The costs and cost drivers associated with the four overhead activity cost pools follow: Unit Level Product Devel Facility Level $ 65,000 $20,000 $240,000 2,600 labor hrs. Percentage of use 15,000 unita Production of 720 sets of cutting shears, one of the company's 20 products, took 280 labor hours and 7 setups and consumed 14 percent of the product-sustaining activities. Required a. Had the company used tabor hours as a companywide allocation base, how much overhead would it have allocated to the cutting shears? b. How much overhead is allocated to the cutting shears using activity-based costing? c. Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 720 units are produced. If direct product costs are $110 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? Complete this question by entering your answers in the tabs below. Reg A and B Rec Had the company used labor hours as a companywide allocation base, how much overhead would it have allocated to the cutting shears? How much overhead is allocated to the cutting shears using activity-based costing? (Round intermediate calculations to 2 decimal places. Round your final answers to the nearest whole dollar amount.) Allocated cost b. Allocated cost D. How much overead is allocated to the cutting snears using activity-based costing c. Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 720 units are produced. If direct product costs are $110 and the product ! priced at 30 percent above cost for what price would the product sell under each allocation system? Complete this question by entering your answers in the tabs below. Req A and B Reg C Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 720 units are produced. If direct product costs are $110 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? (Round Intermediate calculations and final answers to 2 decimal places.) Show less 3 nces ABC Labor Hrs Alloonted overhead Direct cost Total cost per unit Desired profit Sales price Aand