Estimated Use of Drivers by Product Activity Cost Pools Cost Drivers Commercial Estimated Overhead $80,400 Receiving Pounds 120,000 Forming Machine hours 150,500 412,300 Estimated Use of Cost Drivers Home 335,000 215,000 35,000 27,000 217,000 165,000 25,500 15,500 5,258 3,680 335,000 215,000 8,000 52,000 Assembling Number of parts Testing Number of tests 51,000 10,000 Painting Gallons 52,580 1,578 Packing and shipping Pounds 120,000 837,500 $1.584,280 Part 1 Your Answer Correct Answer Your answer is correct. Under traditional product costing, compute the total unit cost of each product. (Round answers to 2 decimal places, e.g. 12.50.) Home Model Commercial Model Total unit cost $ 62.18 $ 70.18 e Textbook and Media Solution Part 2 Under ABC, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Round overhead rate to 2 decimal places, e.g. 12.25.) Activity Cost Pool Estimated Overhead Estimated Use of Cost Drivers Activity-Based Overhead Rate Receiving Pounds per pound Forming Machine hours A per machine hour Assembling Parts A per part Testing Tests A per test Painting Gallons A per gallon Packing and shipping Pounds A per pound