Ice Cool produces two different models of air conditioners. The activities, costs, and cost drivers associated with the production processes follow. Process Assembly Activity Machining Setups Inspections Purchase orders Finishing Support Additional production information concerning its two models follows. Inspecting Purchasing Units and Activities Units produced Machine hours Setups Budgeted Cost $ 311,600 26,000 $ 337,600 $ 230,000 $ 136,000 Model X 2,000 2,200 Per Unit Selling price per unit Direct materials cost per unit Direct labor cost per unit 60 500 300 Model Z 4,000 5,200 120 320 150 Activity Cost Driver Machine hours (MH) Setups Model X $ 415 155 135 Inspections Purchase orders Model Z $ 395 105 135 Budgeted Activity Usage 7,400 180 Complete this question by entering your answers in the tabs below. 820 450 1. Compute the activity rate for each activity using activity-based costing. 2. Using activity-based costing, compute the overhead cost per unit for each model. 3. Compute the total product cost per unit for each model. 4. For each model, compute the gross profit per unit (selling price per unit minus product cost per unit).

Using activity-based costing, compute the overhead cost per unit for each model. (Round "Activity Rate" to 2 decimal places and other answers to the nearest whole doliaramount.) Using activity-based costing, compute the overhead cost per unit for each model. (Round "Activity Rate" to 2 decimal places and other answers to the nearest whole doliaramount.)