Harrison Company makes 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 two products for the upcoming year follow Direct materials cost per unit Direct labor cost per unit Direct labor-hours per unit Number of units produced Rascon Parcel $ 14.00 $ 4.00 $ 3.19 $ 4.10 9.50 0.55 15,000 45,000 These products are customized to some degree for specific customers. Required: 1 The company's manufacturing overhead costs for the year are expected to be $806,250. Using the company's traditional costing system, compute the unit product costs for the two products, 2. Management is considering an activity-based absorption costing system in which half of the overhead would continue to be allocated based on direct labor-hours and hall would be allocated based on engineering design time. This time is expected to be distributed as follows during the upcoming year: Engineering design tine (in hours) Rascon Parcel Total 5,000 5,000 10,000 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. Required 1 Required 2 The company's manufacturing overhead costs for the year are expected to be $806,250. Using the company's traditional costing system, compute the unit product costs for the two products. (Round your intermediate calculations and final answers to 2 decimal places) Rascon Parcel Unit product com Re ] Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the unit product costs for the two products using the proposed activity based absorption costing system. (Round your intermediate calculations and final answers to 2 decimal places.) Rascon Parcel Unit product cost