CoursHeroTranscribedText: Ch. 9 Required Assignment (Graded) 0 Saved Help 1 pains Stripped eBook Print References Mc Graw Hill Doaktown Products manufactures shing equipment for recreational uses. The Miramichi plant produces the company's two versions ofa special reel used for river fishing. The two models are the M-DOB, a basic reel, and the M-123, a new and improved version. Cost accountants at company headquarters have prepared costs for the two reels for the most recent period. The plant manager is concerned. The cost report does not coincide with her intuition aboutthe relative costs of the two models. She has asked you to review the cost accounting and help her prepare a response to headquarters. Manufacturing overhead is currently assigned to products based on their direct labor costs. For the most recent month, manufacturing overhead was $324,300. During that time. the company produced 12,800 units of the M-OOS and 3,000 units of the M423. The direct costs of production were as follows. Ill008 14123 Total Direct materials $102,400 summon $222,4nn Direct. labor 102,400 50,000 162,400 Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year were as follows. Activity Lav-1 Cost: Drivu' cunts H 14123 Total Number of machinehours $147,3na 1,nnn 9,nno 10,000 number of production runs 80,000 20 20 40 Number of inspections 97,500 20 30 50 Total. overhead $324,800 Required: Rm 1 of 5 New > Save 8: Exit Che: R my work Submit Check my work Required: a. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total 2 cost per unit produced for each product? points b. How much of the overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product? Skipped Complete this question by entering your answers in the tabs below. eBook Print Required A Required B References How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? (Round "Total unit cost" to 2 decimal places.) M-008 M-123 Total overhead Total unit cost Mc Graw Hill