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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

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 100,000800,000
Selling price $900 $750
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 Activity Cost
Setups Number of setups 300200 $2,200,000
Machining Machine hours 100,000300,00068,000,000
Engineering Engineering hours 50,000100,00010,500,000
Packing Packing orders 100,000400,000150,000
Required:
1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent.
Setups $fill in the blank 1
per setup
Machining $fill in the blank 2
per machine hour
Engineering $fill in the blank 3
per engineering hour
Packing $fill in the blank 4
per packing order
2. Calculate the per-unit product cost for each product. Round your answers to the nearest whole dollar.
Deluxe $fill in the blank 5
per unit
Regular $fill in the blank 6
per unit

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