Jillian Corp. manufactures mid-fi and hi-fi stereo receivers. The following data have been summarized: EEB(Click the icon to view the data.) The company plans to manufacture 125 units to the nearest cent.) the mid-fi receivers and 250 units of the hi-fi receivers. Calculate the product cost per unit for both products using activity-based costing. (Round your answers Begin by selecting the formula to allocate overhead (OH) costs. Allocated mfg. x overhead costs Compute the overhead costs allocated to Mid-Fi, and then compute the overhead cost per unit for Mid-Fi. Next, compute the overhead costs allocated to Hi-Fi then compute the overhead cost per unit for Hi-Fi. (Round the cost per unit to the nearest cent.) Hi-Fi Mid-Fi Setup ctions Machine maintenance Total overhead costs Number of units Overhead cost per unit Now calculate the product cost per unit for both products. (Enter your answers the nearest cent.) Now calculate the product cost per unit for both products. (Enter your answers to the nearest cent.) Mid-Fi Hi-Fi Direct materials cost per unit Direct labor cost per unit Indirect manufacturing cost per unit Total product cost per unit Choose from any list or enter any number in the input fields and then continue to the next question. Data Table Mid-Fi Hi-Fi Direct materials cost per unit 500 $ 1,500 Direct labor cost per unit 300 100 Indirect manufacturing cost per unit Indirect manufacturing cost information includes the following: Predetermined Overhead Mid-Fi Hi-Fi Activity Allocation Rate Setup $ 30 setups 30 setups 1,400 per setup 700 per inspection hour Inspections 60 inspection hours 10 inspection hours Machine maintenance 8 per machine hour 1,700 machine hours 1,450 machine hours