Elix Company manufactures two models of ultra-high fidelity speakers-the X200 model and the X99 model. Data regarding the two products follow: Product X200 X99 Direct Labor-Hourn 0.2 DLHS per unit 0.4 Lis per unit Annual Production 20,000 units 49,000 units Total Direct Labor-Hours 4,000 DLRS 19,600 DE 23,600 DLRS Additional Information about the company follows: a. Model X200 requires $35 in direct materials per unit, and model X99 requires $29. b. The direct labor workers are paid $20 per hour. c The company has always used direct labor-hours as the allocation base for applying manufacturing overhead cost to products. d. Model X200 is more complex to manufacture than model X99 and requires the use of special equipment e. Because of the special work required in (d) above, the company is considering the use of activity-based absorption costing to apply manufacturing overhead cost to products. Three activity cost pools have been identified as follows: Activity Cont Pool Machine setupa Special processing Ceneral factory Activity Measure Number of setup Machine-hours Direct labor-hours Estimated Total Cost $ 151,800 300, 700 2,124,000 $ 2,576,500 Hatimated Total Activity X200 X99 Total 80 132 220 970 0 970 4.000 19.600 23,600 x99 Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Total Cost $ 151, 800 300,700 2,124,000 $ 2,576,500 Estimated Total Activity X200 Total 88 132 220 970 0 970 4.000 19,600 23,600 Required: 1. Assume that the company continues to use direct labor-hours as the allocation base for applying overhead cost to products. a. Compute the plantwide predetermined overhead rate. b. Compute the unit product cost of each model. 2. Assume that the company decides to use activity-based absorption costing to apply overhead cost to products, a. Compute the activity rate for each activity cost pool and determine the amount of overhead cost that would be applied to each model using the activity-based approach b. Compute the unit product cost of each model. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 2A Part 1 Req 2A Part 2 Reg 28 Assume that the company continues to use direct labor-hours as the allocation base for applying overhead cost to products Compute the plantwide predetermined overhead rate, (Round your answer to the nearest whole dollar.)