Ellix Company manufactures two models of ultra-high fidelity speakersthe X200 model and the X99 model. Data regarding the two products follow: Product X200 X99 Direct Labor-Hours 0.4 DLHS per unit 0.6 DLHS per unit Annual Production 24,000 units 47,000 units Total Direct Labor-Hours 9,600 DLHS 28, 200 DLHS 37,800 DLHS Additional information about the company follows: a. Model X200 requires $44 in direct materials per unit, and model X99 requires $30. b. The direct labor workers are paid $60 per hour. c. The company has always used direct labor-hours as the 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: Estimated Total Activity X99 168 Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Total Cost $ 184,800 356,400 1,512,000 $ 2,053,200 X200 112 990 9,600 Total 280 990 37,800 28,200 Required: 1. Assume that the company continues to use direct labor-hours as the 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