Hello, how would I go about answering this question?

Required information Coriander & Co., a calendar-year company, manufactures two types of industrial hose clamps - standard and custom. The firm is preparing its budget for the coming year. All manufacturing activity occurs in two departments - the Grinding and Coating Department and the Cutting and Packing Department. In the Grinding and Coating Department, standard clamps are manufactured in batches of 200 units. In the same department, custom clamps are manufactured in batches of 50 units. All workers classified as direct labor in the factory are paid $10 per hour. Product design work applies only to custom clamps. In coordination with managers of the two departments, the controller has prepared the following budgeted information for the coming year: Standard Custom Budgeted number of hose clamps 10,000 2,500 Grinding + Coating Department Standard Custom Total Direct Materials $200,000 $200,000 $400,000 Direct Labor $400,000 $400,000 $800,000 Manufacturing Overhead Product design $600,000 Setups $500,000 Other indirect manufacturing costs $300,000 Cutting + Packing Department Standard Custom Total Direct Materials $30,000 $70,000 $100,000 Direct Labor $100,000 $100,000 $200,000 Manufacturing Overhead Other indirect manufacturing costs $500,000 la. Compute the budgeted unit cost of a standard clamp based on the use of a single, plantwide overhead application rate assuming overhead is allocated on the basis of direct labor hours