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Elix Company manufactures two models of ultra-high fidelity speakers - the X200 model and the X99 model. Data regarding the two products follow: Additional information

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Elix Company manufactures two models of ultra-high fidelity speakers - the X200 model and the X99 model. Data regarding the two products follow: Additional information about the company follows: a. Model 200 requires $36 in direct materials per unit, and model X99 requires $35 b. The direct labor workers are paid $60 per hour. c. The company has always used direct labor-hours as the allocation base for applying manufacturing overhead cost to products d. Model 200 is more complex to manufacture than model 99 and requires special equipment. e. Because of the special work required in (d) above, the company is considering an activity-based absorption costing that applies manufacturing overhead cost to products using three activity cost pools: Required: 1. Assume the company continues applying overhead costs to products using direct labor-hours: a. Compute the plantwide predetermined overhead rate. b. Compute each model's unit product cost. 2. Assume the company decides to apply overhead cost to products using activity-based absorption costing. a. Compute the activity rate for each activity cost pool and determine the amount of overhead cost applied to each model. b Compute each model's unit product cost. Assume the company decides to apply overhead cost to products using activity-based absorption costing. Determine the amount of overhead cost applied to each model. Note: Round "Overhead cost per unit" answers to 2 decimal places. Assume the company decides to apply overhead cont to products using activity-based absorption costing. Compute each model's unit product cost. Noter Round your intermediate calculations and final answers to 2 decimal places, Atisume the company continues applying overhead costs to products using direct labor bours. Compute the plantwide predetermined overhead rate. Note: Hound your aruswer to 2 decimal places Assume the company decides to apply overhead cost to products using activity-based absorption costing. Compute the activity rate for each activity cost pool. Assume the company continues applying overhead costs to products using direct labor-hours. Compute each model's unit product cost. Note: Do not round "Predetermined overhead rate", Round other intermediate calculations and final answers to 2 docimal places

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