Lucern Company reports the following for its overhead cost for the year.Ice Cool produces two different models of alr conditioners. The actlvities, costs, and cost drlvers assoclated with the production

processes follow.

Additional production Information concerning Its two models follows.

Compute the activity rate for each activity using actlvity$-$based costing.

Using actlvity$-$based costing, compute the overhead cost per unit for each model.

Compute the total product cost per unit for each model.

For each model, compute the gross profit per unlt $($selling price per unlt minus product cost per unit$).$

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Compute the activity rate for each activity using activity$-$based costing.

Note: Round "Activity rate" to $2$ decimal places.

Compute the activity rate for each activity using activity$-$based costing.

The company's Pro model used these activities to produce $1,500$ units during the year: $3$ design changes, $150$ 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.