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Lucern Company reports the following for its overhead cost for the year. table [ [ Activity , Budgeted Cost,Budgeted Activity Usage ] , [

Lucern Company reports the following for its overhead cost for the year.
\table[[Activity,Budgeted Cost,Budgeted Activity Usage],[Engineering support,$29,400,70 design changes],[Electricity,41,640,3,470 machine hours],[Setup,58,800,420 setups]]
Compute the activity rate for each activity using activity-based costing.
The company's Pro model used these activities to produce 1,200 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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Compute the activity rate for each activity using activity-based costing.
\table[[Activity,Budgeted Cost,Budgeted Activity Usage,Activity Rate],[Engineering support,,,,,],[Electricity,,,,,],[Setup,,,,,]]
Required 1
Required 2
The company's Pro model used these activities to produce 1,200 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.
\table[[Activity,Activity Usage,Activity Rate,Allocated Cost],[Engineering support,,,],[Electricity,,,],[Setup,,,],[Total allocated cost,,,],[Units produced,,,],[Overhead cost per unit,,,]]
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