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Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of

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Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 $900 800,000 $750 Selling price Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Setups Number of setups 300 Machining Machine hours 100,000 200 300,000 100,000 400,000 Activity Cost $1,850,000 72,000,000 12,000,000 200,000 Engineering Engineering hours 50,000 100,000 Packing Packing orders Required: 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. Setups $ 3,700 per setup Machining 180 per machine hour Engineering $ 80 per engineering hour Packing $ 0.4 per packing order 2. Calculate the per unit product cost for each product. Round your answers to the nearest whole dollar Deluxe $ per unit Regular per unit Feedback

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