Hail, Incorporated manufactures two components, Standard and Uitra, that are designed for the same function, but are made of different metals for operational performance reasons. The metal used in Standard is easy to work with and there are few quality issues or reworking required on the machines. The metal used in Uita is more difficult to work with and often needs additional machine time and rework Data on expected operations and direct cosss for the next fiscal yeor follow: The plarning process team at Hall Incorporated has estimated the following manufacturing overhead costs for the next fiscal year: The cost accounting system at Hall. Incorporated calculates product costs by adding allocated overhead to the direct costs of the product Overhead costs are Mlocated based on direct labor-hours Required: 0. Compute the estimated per unt product costs for the next fiscal year, based on the durrent cost accounting system. b. An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analyst suggests that overhead be first assigned to on one of two cost pools: Machine related and labor felated. Machine related oveihead consists of the accounts 'Engineering' and 'Mach remaining manufacturing overhead. Machine-related costs would be allocated based on machine-hours. Laborielated overhead would be allocated bosed on direct labor cost. Compute the estimated per unn product costs for the next fiscal year. based on the system proposed by the analyst. a. Compute the estimated per unit product costs for the next fiscal year, based on the current cost accounting system. b. An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analyst suggests that overhead be first assigned to on one of two cost pools: Machine related and labor related Machine-related overhead consists of the accounts "Engineering" and "Machine operation and maintenance " Labor-related overhead consists of the remaining manufacturing overhead. Machine-related costs would be allocated based on machine-hours. Labor-related overhead would be allocated based on direct labor cost. Compute the estimated per unit product costs for the next fiscal year, based on the system proposed by the analyst. Complete this question by entering your answers in the tabs below. Compute the estimated per unit product costs for the next fiscal yeac, based on the current cost accounting system. a. Compute the estimated per unit product costs for the next fiscal year, based on the current cost accounting system. b. An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analys suggests that overthead be first assigned to on one of two cost pools. Machine related and labor related, Machine-related overhear consists of the accounts "Engineering" and "Machine operation and maintenance." Labor-related overhead consists of the remaining manufacturing ovethead Machine-related costs would be allocated based on machine-hours. Labor-related overhead would be allocated based on direct labor cost Compute the estimated per unit product costs for the next fiscal year, based on the system proposed by the analyst Complete this question by entering your answers in the tobs bulow. An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analyst suggests that overthead be first assigned to on one of two cost pools: Machine related and labor rolated, Machinerelated everhead consists of the accounts "Engineering" and "Machine operation and maintenance." Labor-related averhead consists of the remaining manufacturing owerhead. Machine-related costs would be allocated based on machwe'hours. Labor: related overhead would be allocated based on direct labor cost. Compute the estimated per unit product costs for the next fiscal year, based on the system proposed by the analyst. Wote: Do not round your intermiediate calculations. Round your final answers to 2 decimal places. Hail, Incorporated manufactures two components, Standard and Uitra, that are designed for the same function, but are made of different metals for operational performance reasons. The metal used in Standard is easy to work with and there are few quality issues or reworking required on the machines. The metal used in Uita is more difficult to work with and often needs additional machine time and rework Data on expected operations and direct cosss for the next fiscal yeor follow: The plarning process team at Hall Incorporated has estimated the following manufacturing overhead costs for the next fiscal year: The cost accounting system at Hall. Incorporated calculates product costs by adding allocated overhead to the direct costs of the product Overhead costs are Mlocated based on direct labor-hours Required: 0. Compute the estimated per unt product costs for the next fiscal year, based on the durrent cost accounting system. b. An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analyst suggests that overhead be first assigned to on one of two cost pools: Machine related and labor felated. Machine related oveihead consists of the accounts 'Engineering' and 'Mach remaining manufacturing overhead. Machine-related costs would be allocated based on machine-hours. Laborielated overhead would be allocated bosed on direct labor cost. Compute the estimated per unn product costs for the next fiscal year. based on the system proposed by the analyst. a. Compute the estimated per unit product costs for the next fiscal year, based on the current cost accounting system. b. An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analyst suggests that overhead be first assigned to on one of two cost pools: Machine related and labor related Machine-related overhead consists of the accounts "Engineering" and "Machine operation and maintenance " Labor-related overhead consists of the remaining manufacturing overhead. Machine-related costs would be allocated based on machine-hours. Labor-related overhead would be allocated based on direct labor cost. Compute the estimated per unit product costs for the next fiscal year, based on the system proposed by the analyst. Complete this question by entering your answers in the tabs below. Compute the estimated per unit product costs for the next fiscal yeac, based on the current cost accounting system. a. Compute the estimated per unit product costs for the next fiscal year, based on the current cost accounting system. b. An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analys suggests that overthead be first assigned to on one of two cost pools. Machine related and labor related, Machine-related overhear consists of the accounts "Engineering" and "Machine operation and maintenance." Labor-related overhead consists of the remaining manufacturing ovethead Machine-related costs would be allocated based on machine-hours. Labor-related overhead would be allocated based on direct labor cost Compute the estimated per unit product costs for the next fiscal year, based on the system proposed by the analyst Complete this question by entering your answers in the tobs bulow. An analyst on the planning process team suggests that a two-stage system would improve the estimated product costs. The analyst suggests that overthead be first assigned to on one of two cost pools: Machine related and labor rolated, Machinerelated everhead consists of the accounts "Engineering" and "Machine operation and maintenance." Labor-related averhead consists of the remaining manufacturing owerhead. Machine-related costs would be allocated based on machwe'hours. Labor: related overhead would be allocated based on direct labor cost. Compute the estimated per unit product costs for the next fiscal year, based on the system proposed by the analyst. Wote: Do not round your intermiediate calculations. Round your final answers to 2 decimal places