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Lucern Company reports the following for its overhead cost for the year. Activity Engineering support Electricity Setup Budgeted Cost $31,200 42,840 83,200 Budgeted Activity Usage

image text in transcribedimage text in transcribed Lucern Company reports the following for its overhead cost for the year. Activity Engineering support Electricity Setup Budgeted Cost $31,200 42,840 83,200 Budgeted Activity Usage 60 design changes 3,570 machine hours 520 setups 1. Compute the activity rate for each activity using activity-based costing. 2. The company's Pro model used these activities to produce 1,000 units during the year: 2 design changes, 140 machine hours, and 15 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing. Complete this question by entering your answers in the tabs below. Required 1 Compute the activity rate for each activity using activity-based costing. Complete this question by entering your answers in the tabs below. Required 2 The company's Pro model used these activities to produce 1,000 units during the year: 2 design changes, 140 machine hours, and 15 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing

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