Magle Company manufactures two video game consoles: handheld and home The handheld consoles are smaller and less expensive than the home consoles. The company only recenty hegan producing the home model Since the introduction of the new preduct, profits have been steadity decining Maragement beleves that the accunting system is not accaurately allocating cosis to groducts, particularly tbeause sales af tthe new prodct have been increas Management has asked you to investigate the cost allocation problem. You ind that manufacturing overhead is currently assigned to products based on their cirect labor costs. For your Investigation, you have data from last year. Manufacturing ovemead was $1,264,00o based on production of 300,0oo handheld consoles and 95,000 hme consoles Direct labor and direct materias costs were as follows Direct labor Materiae $1.203,0CO 377,00 $1,580,000 1385,000 20 UCO 666,UC0 Managcment has determined that ovcrhcad costs arc caused by throc cost drvers. Thesc drvers and ther costs for last ycar arc as tollows Cost Drtvar Number of production runs Quaity lesta perfurmed Shipping orders processed Total ovcrhead Total Costa Assigned S 600,000 532.000 50 28 120 40 17 40 80 S1,26400O a. Hon much aveshead will be assigned lo each produ i these thee cnst drivers are used to alkicale aha? Whal is the lotal cast e unit prdcedoeac poduc (Round "Total cost per unit to 2 decimal places.) b. How much overhead wil be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product? (Do not round intermediate calculations. Round "Total cost per unlt" to 2 decimal places.) Tatal Unit Home