Exercise 17-19 (Algo) Activity-based costing to compute activity rates, overhead cost per unit, and product cost per unit LO P3 Northwest Company produces two types of glass shelving: rounded edge and squared edge. The company reports the following cos data. Northwest's controller wants to apply activity-based costing to allocate the $133,600 of overhead cost to the two products to see whether product cost per unit would change markedly from that above. The company's budgeted activity usage equals its actual activity usage for the period. The following additional information is collected. Required: 1. Compute the activity rate for each activity using activity-based costing. 2. Compute overhead cost per unit for each of the two products using activity-based costing. 3. Determine product cost per unit for each of the two products using activity-based costing. Complete this question by entering your answers in the tabs below. \begin{tabular}{l||l|l|} \hline Required 1 & Required 2 & Required 3 \\ \hline \end{tabular} Compute the activity rate for each activity using activity-based costing. (Round "Activity rate" to 2 decimal places.) ompute overhead cost per unit for each of the two products using activity-based costing. (Round "Activity Rate" to 2 decimal aces and other answers to the nearest whole dollar amount.) Determine product cost per unit for each of the two products using activity-based costing. (Round intermediate calculations and final answers to 2 decimal places.)