Empire Company manufactures wheel rims. The company produces two wheel im models: standard and deluxe. For 2019, Empire's managers have decided to use the same indirect manutacturing costs per wheel rim that they computed n2018 using activity-based costing. In addition to the unit indirect manufacturing costs, the following data are expected for the company's standard and deluxe models for 2019 (Click the loon to view the expected information.) m (Click the loon to view the 2018 indirect manufacturing costs per wheel rim) Because of imited machine hour capacity, Empire can produce ether 2.000 standard rims or 2,000 deluae ims Read the requirements Reguirement 1. If Empire's managers rely on the ABC unit cost data computed in 2018, which model wil they produce? Cary each cost to the nearest cent, (lgnore seling and administrative expenses for this calculation.) Use the ABC unit cost data to compute the gross profit per unit for each model. Data Table ABC Data Gross Profits Deluxe Standard Sales price Indirect Manufacturing Cost Per Unit Direct materials Standard Deluxe Direct labor 276.40 ABC costs 13040 Indirect manufachuring costs 162 72 244 08 Single-rate costs Gross profit per unit Done model to maximize income. Print Empire's managers will produce 2000 units of the Requirement 2. If the managers rely on the single plantwide overhead alocation rate cost data, which model will they peoduce? Use the single plantwide aliocaton rate cost data to compute the gross profit per unit for each model (Round amounts to the nearest cent, SXXX) Single-Allocation-Base Data Gross Profits Standard Deluxe Enter any number in the edit fields and then oontinue to the next question MacBook Pro & % 7 4 2 3 T E W C