Johnstone Corp manufactures hand wired and solid state tubo amplifiers. The following data have been summarized (Click the icon to view the data) The company plans to manufacture 500 units of the hand wired amps and 1500 units of the solid state amps Calculate the product cost per unit for both products using activity based costing (Round your answers to the nearest cont) Begin by selecting the formula to allocate overhead (OH) costs Allocated mila overhead costs Compute the overhead costs allocated to hand-wited amps and then compute the overhead cost per unit for hand wired amps Next compute the overhead costs allocated to solid state amps then compute the overhead cost per unit for solid state amps (Round the cost per unit to the nearest cont) Hand-Wired Solid State Amps Amps Setup Inspections 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 to the nearest cent) Hand-Wired Solid State Now calculate the product cost per unit for both products. (Enter your answers to the nearest cent) Hand-Wired Solid State Amps Amps Direct materials cost per unit Direct labor cost per unit Indirect manufacturing cost per unit Total product cost per unit Data Table Hand-Wired Solid State $ 1,500 $ 3,000 1,100 1,000 ? 2 Direct materials cost per unit Direct labor cost per unit Indirect manufacturing cost per unit Indirect manufacturing cost information includes the following Predetermined Overhead Activity Allocation Rate Setup $1,000 per setup Inspections $600 per inspection hour Machine maintenance $16 per machine hour Solid State Hand-Wired 35 setups 40 inspection hours 1,200 machine hours 35 setups 25 inspection hours 1,000 machine hours