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Dooktown Products manufactures fishing equipment for recreational uses. The Miramichi plant produces the company's two versions of a special reel used for river fishing. The

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Dooktown Products manufactures fishing equipment for recreational uses. The Miramichi plant produces the company's two versions of a special reel used for river fishing. The two models are the M-008, a basic reel, and the M-123. a new and improved version. Cost accountants et 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 about the 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 wes $280.800. During that time, the company produced 11,300 units of the M-008 and 2.500 units of the M-123. The direct costs of production were as follows M-208 M-123 Total Direct materials $90,40 $100,eee $190, 480 Direct labor 90,480 5e,eee 140,480 Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year were as follows. Activity Level Cost Driver Costs M-888 M-123 Total Number of machine- 47. 0 8.000 2.800 10,000 hours Number of production 90,000 20 20 40 Number of inspections93,eee 30 20 50 Total overhead $288,888 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 cost per unit produced for each product? 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? Complete this question by entering your answers in the tabs below. Required How much overhead will be assigned to each product of these three cost drivers are used to allocate overhead? What is the total cost per un produced for each product Round Total unit costo de p e NOOB 133 Required >

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