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Harison Company mokes two products and uses a traditional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours.

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Harison Company mokes two products and uses a traditional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the fwo products for the upcoming year follow. These products are customized to some degree for speeific customers. Required: 1. The company's manufocturing overhead costs for the year are expected to be $605,000. Using the cormpany's traditional costing system, compute the unit product costs for the two products. 2. Managemont is consideting an activity-based absorption costing system in which half of the overhead would continue to be alocated based on direct labor-hours and haf would be allocated based on engineering design time. This time is expected to be distributed as follows during the upcoming yoar: Compute the unit product costs for the two products using the proposed activity-based absorption costing system. Complete this question by entering your answers in the tabs below. The companys manufacturing overhead costs for the year are expected to be $605,000. Using the companys traditional coseing system, compute the unit product costs for the two products. (Round your iatermediate calculations and final answers to 2 decmal places ) Complete this question by entering your answers in the tabs below. Compute the unit product costs for the two products using the proposed activity-based absorption costing system. (Found your Intermediate calculations and final answers to 2 decimal piaces.)

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