Data Table - X Mathematical Financial Annual production in units 48,000 96,000 Direct materials cost 211,200 $ 422,400 Direct manufacturing labour cost 81,600 $ 163,200 Direct manufacturing labour-hours 4,800 9,600 Machine-hours 32,000 64,000 Number of production runs Inspection hours 48 48 1,100 550 Print Done unit to the nearest cent.) Manufacturing overhead costs Machining costs Setup costs Inspection costs - Total 345,600 115,200 105,600 Print Done ? 4 Parker Company produces mathematical and financial calculators and operates at capacity. Data related to the two products follows. (Click the icon to view the data.) Total manufacturing overhead costs are provided. (Click the icon to view the total manufacturing overhead costs.) Required Activity Machining Setup Cost driver Rate Inspection Determine the formula to calculate the overhead allocated to each product. Overhead allocated to product Now calculate the total overhead allocated to each product and the overhead cost per unit. (Round the manufacturing overhead costs per unit t Machining costs Mathematical Financial Setup costs Inspection costs Total overhead costs Manufacturing overhead cost per unit Choose from any list or enter any number in the input fields and then continue to the next