eBook Calculator Activity-Based Product Costing Roberts Company produces two weed eaters: basic and advanced. The company has four activities: machining, engineering, receiving and inspection. Information on these activities and their drivers is given below. Basic Advanced Total Units produced 100,000 300,000 Prime costs $8,000,000 $30,000,000 $38,000,000 Machine hours 100,000 500,000 600,000 Engineering hours 400 3.600 4,000 Receiving orders 400 1,600 2.400 800 Inspection hours 1,200 1,600 Overhead costs: Machining Engineering Receiving Inspecting products Required: $6,000,000 2,000,000 560,000 360,000 Removing useless files cont. Please click to 1. Calculate the four activity rates. Remove per machine hour Machining rate eBook Calculator Machining rate S per machine hour S Engineering rate Receiving rate per hour per order Inspecting rate $ per hour 2. Calculate the unit costs using activity rates. Round your answers to the nearest cent Unit cost Basic per unit Advanced per unit Calculate the overhead cost per unit. Round your answers to the nearest cent. Overhead Cost