Locer Company reports the following for its overhead cost for the year. Activity Engineering support Electricity Setup Budgeted Cost $24,500 34,000 52,500 Budgeted Activity Usage 70 design changes 3,400 machine hours 350 setups Required: 1. Compute the activity rate for each activity using activity-based costing. (Use cells A4 to b7 from the given information to complete this question.) Budgeted Cost Budgeted Activity Usage Activity Rate Activity Engineering support Electricity Setup Units produced 2. The company's pro model used these activities to produce 1.200 units during the year: 2 design changes, 140 machine hours, and 12 setups. Allocate overhead cost to the Pro model and compute Design Changes Machine Hours Units produced 2. The company's Pro model used these activities to produce 1,200 units during the year: 2 design changes, 140 machine hours, and 12 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing. (Use cells A4 to D7 from the given information to complete this question.) Design Changes 2 Machine Hours 140 1,200 Activity Usage Activity Rate Allocated Cost Activity Engineering support Electricity Setup Total allocated cost Units produced Overhead cost per unit