Maglie Company manufactures two video game consoles handheld and home. The handheld consoles are smaller and less expensive than the home consoles. The company only recently began producing the home model. Since the introduction of the new product profits have been steadily declining Management believes that the accounting system is no accurately allocating costs to products, particularly because sales of the new product have been increasing Management has asked you to investigate the cost allocation problem. You find that manufacturing overend is currently assigned to products based on their direct labor costs. For your investigation you have data from a year Manufacturing overhead was $1,315,000 based on production of 360,000 handheld consoles and 119.000 home consoles Director and direct materials costs were as follows Direct Tabor Materials Handheld $1,231,75 ne. He 5412, 695, e Total $1,563,5 1,495, Management has determined that overhead costs are caused by three cost drivers. These drivers and their costs for a year areas follows Costa Assid Activity Leve Handheld Cost Driver Number of production runs Quality tests performed Shipping orders processed Total overhead 14, Required: e. How much overhead will be assigned to each product these three cost drive are used to allocate overhead. What is the total cost per un produced for each product b. How much overhead will be assigned to each product of direct labor cos ed to cate overes What the total cost per unit produced for each product Complete this question by entering ur answers in the tabs below Required How much overhead will be assigned to each product these three cost drivers are used to allocate verhed What is the total cost per unit produced for each product Round "Total Cost per Unit" to 2 dermal Total Cent per Overhead Maglie Company manufactures two video game consoles: handheld and home. The handheld consoles are smaller and less expensive than the home consoles. The company only recently began producing the home model. Since the introduction of the new product profits have been steadily declining Management believes that the accounting system is not accurately allocating costs to products. particularly because sales of the new product have been increasing. Management has asked you to investigate the cost allocation problem you find that manufacturing overhead is currently assigned to products based on their direct labor costs. For your investigation, you have data from last year Manufacturing overhead was $1,315 000 based on production of 360 000 handheld consoles and 119,000 home consoles Direct labor and direct materials costs were as follows Direct labor Materials Handheld $1,211,750 800, $412,eee de Total $1, 3,75 1,495,608 Management has determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year are as follows. Costs Assigned Activity level Handheld Cast Driver Number of production runs Quality tests performed Shipping orders processed Total overhead sze, eee Required: e. How much overhead will be assigned to each product these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product b. How much overhead will 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 Complete this gestion by entirani entering your answers in the tabs bele h Required A How much overhead will be assigned to each product if direct labor cost used to allocate overhead? What is the total cost per unit produced for each product? Do not round Intermediate calculations. Round Total cost per unit tn 2 decimal places