Hello I would appreciate any help possible on these questions. Thank you in advance.
Puget World, Inc., manufactures two models of television sets, the N 800 XL model and the N 500 model. Data regarding the two products follow: Direct Labor- Annual Total Direct Production 4,000 units Labor-Hours Model N 800 XL Hours per Unit 3.0 12,000 Model N 500 1 .0 12,000 units 12,000 24,000 Additional Information about the company follows: a. Model N 800 XL requires $85 in direct materials per unit, and Model N 500 requires $35. b. The direct labor wage rate is $17 per hour. c. The company has always used direct labor-hours as the base for applying manufacturing overhead cost to products. d. Model N 800 XL is more complex to manufacture than Model N 500 and requires the use of special equipment. Consequently, the company is considering the use of activity-based costing to assign manufacturing overhead cost to products. Three activity cost pools have been identified as follows: Estimated Activity Cost Pool Activity Measure Overhead Cost Machine setups Number of setups 435,000 special processing Machine-hours 171, 000 General factory Direct labor-hours 1,554,000 $ 2, 160, 000 Expected Activity Activity Measure Model N 800 XL Model N 500 Total Number of setups 90 200 290 Machine-hours 18,000 0 18,000 Direct labor-hours 12,000 12,000 24,000 2. Assume that the company decides to use activity-based costing to assign manufacturing overhead cost to products. a(1). Compute the activity rate for each activity cost pool. a(2). Determine the amount of overhead cost that would be assigned to each model using the activity-based costing system. b. Compute the unit product cost of each model.Reg 2A1 Reg 2A2 Req 28 Assume that the company decides to use activity-based costing to assign manufacturing overhead cost to products. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Machine setup per setup Special processing per MH General factory per DLHReg 2A1 Reg 2A2 Req 28 Assume that the company decides to use activity-based costing to assign manufacturing overhead cost to products. Determine the amount of overhead cost that would be assigned to each model using the activity-based costing system. (Round your intermediate calculations and final answers to 2 decimal places.) Model N 800 XL Model N 500 Overhead cost per unitReg 2A1 Reg 2A2 Req 28 Assume that the company decides to use activity-based costing to assign manufacturing overhead cost to products. Compute the unit product cost of each model. (Round your intermediate calculations and final answers to 2 decimal places.) Model N 800 XL Model N 500 Unit product cost