EMo Comoravon manufactures two products. Product 5 and Product W. Product W is of farly recent origin, having been developed as an attempt to enter a market closely related to that of Prodict W. Product W is the mote complex of the two products, requiting one hour of direct labor time per unit to manufacture compared to one haif hour of direct labor time for Product S. Product W is produced on an automated production line. Overthead is currently assigned to the products on the basis of direct labor hours. The company estimated it would incur $500,000 in manufacturing overthead costs and produce to,000 units of Product W and 60,000 unats of Product S during the current yeat. Unit cost for materlats and direct labor are: Required: a. Compute the predetemined overhead rate under the current method of allocation and deflermine the unit product cost of each product for the curtent yeat? b. The company's overhesd costs can be attributed to four major activeties. These activalies and the amount of ovethead cost attributable to each for the current year ate given belows Using ther dita abover and at at vily based costing opproach, determine the init product cost of each product for the current yeat. Using the data above and an activitybased costing approach, determine the unit prodiact cost of each product for the current yeat