FireOut, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home 1 model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 pounds of multipurpose dry chemical at 480 PSI. The commercial model is a low-volume (10,200 units), two-gallon cylinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 1.5 hours of direct labor for completion. Therefore, total annual direct labor hours are 96,300 or [1.5 hrs (54,000 + 10,200)]. Expected annual manufacturing overhead is $1,502,280. Thus, the predetermined overhead rate is $15.60 or ($1,502,280 96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for the commercial model. The direct labor cost is $19 per unit for both the home and the commercial models. The company's managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows. Activity Cost Pool Cost Driver Estimated Overhead Expected Use of Cost Drivers Expected Use of Drivers by Product Home Commercial Receiving Pounds $70,350 335,000 215,000 120,000 Forming Machine hours 150,500 35,000 27,000 8,000 Assembling Number of parts 390,600 217,000 165,000 52,000 Testing Number of tests 51,000 25,500 15,500 10,000 Painting Gallons 52,580 5,258 3,680 1,578 Packing and shipping Pounds 787,250 335,000 215,000 120,000 $1,502,280 Under traditional product costing, compute the total unit cost of both products. (Round your answers to 2 decimal places, e.g. 10.50.) Home Model $ Commercial Model $ Under ABC, complete the schedule showing the computations of the activity-based overhead rates (per cost driver). (Round your answers to 2 decimal places, e.g. 2.25.) Activity Cost Pool Cost Driver Estimated Overhead Expected Use of Cost Drivers Activity-based Overhead Rates Receiving Pounds $70,350 335,000 $ per pound Forming Machine hours 150,500 35,000 $ per machine hour Assembling Number of parts 390,600 217,000 $ per number of parts Testing Number of tests 51,000 25,500 $ per number of tests Painting Gallons 52,580 5,258 $ per gallon Packing and shipping Pounds 787,250 335,000 $ per pound $1,502,280 Complete the schedule assigning each activity's overhead cost pool to each product based on the use of cost drivers. (Use rates from part b above and round cost assigned to 0 decimal places, e.g. 12,250. Round overhead per unit to 2 decimal places, e.g. 2.25. Note that due to rounding your total cost assigned will be slightly different than calculated above.) Cost Driver Home Model Commercial Model Cost Assigned Expected Use of Drivers Activity- Based Overhead Rates Cost Assigned Expected Use of Drivers Activity- Based Overhead Rates Receiving $ $ $ $ Forming $ $ Assembling $ $ Testing $ $ Painting $ $ Packing $ $ Total cost assigned $ $ Units produced Overhead cost per unit $ $ Compute the total cost per unit for each product under ABC. (Round your answers to 2 decimal places, e.g. 12.25.) Home Model $ Commercial Model $ Classify each of the activities as a value-added activity or a non-value-added activity. Activity Receiving value-addednon-value-added Forming non-value-addedvalue-added Assembling value-addednon-value-added Testing value-addednon-value-added Painting non-value-addedvalue-added Packing and shipping value-addednon-value-added PLEASE ANSWER ALL