Munoz Company produces commercial gardening equipment. Since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. The costs and cost drivers associated with the four overhead activity cost pools follow: Activities Unit Level Batch Level Product Leve Cost $ 62,400 $20,520 $13,000 Cost driver 2,400 labor hrs. 38 setups Percentage of! Production of 850 sets of cutting shears, one of the company's 20 products, took 160 labor hours and 8 setups and consumed 15 percent of the product- sustaining activities. Required a. Had the company used labor hours as a companywide allocation base, how much overhead would it have allocated to the cutting shears? b. How much overhead is allocated to the cutting shears using activity-based costing? C. Compute the overhead cost per unit for cutting shears first using activity- based costing and then using direct labor hours for allocation if 850 units are produced. If direct product costs are $200 and the product is priced at 35 percent above cost for what price would the product sell under each allocation system? Complete this question by entering your answers in the tabs below. Req A and B Reg C Had the company used labor hours as a companywide allocation base, how mucho cutting shears? How much overhead is allocated to the cutting shears using activity calculations to 2 decimal places. Round your final answers to the nearest whole dol a. Allocated cost b. Allocated cost Meg A Reqc > rdening equipment. Since any allocates its overhead costs to The costs and cost drivers cost pools follow: Activities Batch Level Product Level $20,520 $13,000 38 setups Percentage of use ne of the company's 20 products, sumed 15 percent of the product- Facility Level $342,000 18,000 units companywide allocation base, how to the cutting shears? cutting shears using activity-based cutting shears first using activity- or hours for allocation if 850 units $200 and the product is priced at puld the product sell under each pur answers in the tabs below. mpanywide allocation base, how much overhead would it have allocated to the cated to the cutting shears using activity-based costing? (Round intermediate ir final answers to the nearest whole dollar amount.) Reg Ang ReqC > Cost Cost driver $ 62,400 2,400 labor hrs. $20,520 38 setups $13,000 Percentage of us Production of 850 sets of cutting shears, one of the company's 20 products, ook 160 labor hours and 8 setups and consumed 15 percent of the product- sustaining activities. Required 1. Had the company used labor hours as a companywide allocation base, how much overhead would it have allocated to the cutting shears? 1. How much overhead is allocated to the cutting shears using activity-based costing? - Compute the overhead cost per unit for cutting shears first using activity- based costing and then using direct labor hours for allocation if 850 units are produced. If direct product costs are $200 and the product is priced at 35 percent above cost for what price would the product sell under each allocation system? Complete this question by entering your answers in the tabs below. Reg A and B ReqC Compute the overhead cost per unit for cutting shears first using activity-based cost allocation if 850 units are produced. If direct product costs are $200 and the product what price would the product sell under each allocation system? (Round intermediate decimal places.) ABC Labor Hrs Allocated overhead Direct cost Total cost per unit Desired profit Sales price $200 and the product is priced at ould the product sell under each sur answers in the tabs below. ting shears first using activity-based costing and then using direct labor hours for ct product costs are $200 and the product is priced at 35 percent above cost for ch allocation system? (Round intermediate calculations and final answers to 2 Show less Labor Hrs Req A and B Ron