EyeGuard Equipment Incorporated (EEI) manufactures protective eyewear for use in commercial and home applications. The product is also used by hunters, home woodworking hobbyists, and in other applications. The firm has two main product linesthe highest-quality product is called Safe-T, and a low-cost, value version is called Safe-V. Information on the factory conversion costs for EEI is as follows:

	Factory Costs
Salaries	$ 854,000
Supplies	154,000
Factory expense	554,000
Total	$ 1,562,000

EEI uses ABC to determine the unit costs of its products. The firm uses resource consumption cost drivers based on rough estimates of the amount that each activity consumes, as shown below. EEI has four activities: job setup, assembly, inspecting and finishing, and packaging.

	Setup	Assembly	Inspecting and Finishing	Packaging	Total
Salaries	10%	50%	25%	15%	100%
Supplies	15	55	30		100
Factory expense		70	30		100

The activity cost drivers for the two products are summarized below.

Activities	Activity Driver
Setup	Batch
Assembly	Units
Inspect and finishing	Finishing hours
Packaging	Packing hours

	Safe-V	Safe-T
Batches	290	640
Units	64,000	76,000
Finishing hours, per unit	0.40	0.40
Packaging hours, per unit	0.30	0.20
Materials per unit	$ 3.00	$ 7.00

Required:

1. Determine the amount of the cost pool for each of the four activities.

2. Determine the activity-driver rates for assigning factory costs to the two products.

3. Determine the activity-based unit cost for each of the products.

Please provide correct answers for wrong answers in red

EyeGuard Equipment Incorporated (EEI) manufactures protective eyewear for use in commercial and home applications. The product is also used by hunters, home woodworking hobbyists, and in other applications. The firm has two main product lines-the highestquality product is called Safe-T, and a low-cost, value version is called Safe-V. Information on the factory conversion costs for EEI is as follows: EEl uses ABC to determine the unit costs of its products. The firm uses resource consumption cost drivers based on rough estimates of the amount that each activity consumes, as shown below. EEI has four activities: job setup, assembly, inspecting and finishing, and packaging. The activity cost drivers for the two products are summarized below. Required: 1. Determine the amount of the cost pool for each of the four activities. 2. Determine the activity-driver rates for assigning factory costs to the two products. 3. Determine the activity-based unit cost for each of the products. Determine the amount of the cost pool for each of the four activities. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Determine the activity-based unit cost for each of the products. (Round your intermediate calculations and final answers to 2 decimal places.) EyeGuard Equipment Incorporated (EEI) manufactures protective eyewear for use in commercial and home applications. The product is also used by hunters, home woodworking hobbyists, and in other applications. The firm has two main product lines-the highestquality product is called Safe-T, and a low-cost, value version is called Safe-V. Information on the factory conversion costs for EEI is as follows: EEl uses ABC to determine the unit costs of its products. The firm uses resource consumption cost drivers based on rough estimates of the amount that each activity consumes, as shown below. EEI has four activities: job setup, assembly, inspecting and finishing, and packaging. The activity cost drivers for the two products are summarized below. Required: 1. Determine the amount of the cost pool for each of the four activities. 2. Determine the activity-driver rates for assigning factory costs to the two products. 3. Determine the activity-based unit cost for each of the products. Determine the amount of the cost pool for each of the four activities. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Determine the activity-based unit cost for each of the products. (Round your intermediate calculations and final answers to 2 decimal places.)