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Neylon Company produces mathematical and financial calculators and operates at capacity. Data related to the two products are presented here. (Click the icon to view
Neylon Company produces mathematical and financial calculators and operates at capacity. Data related to the two products are presented here. (Click the icon to view the data.) Total manufacturing overhead costs are as follows: (Click the icon to view the overhead costs.) Requirements 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. 2. Compute the manufacturing cost per unit for each product. 3. How might Neylon's managers use the new cost information from its activity-based costing system to better manage its business? Requirement 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. Begin by choosing a cost driver for each overhead cost pool. Determine the formula to calculate the overhead allocated to each product. Now calculate the total overhead allocated to each product and the overhead cost per unit. (Round your answer to the nearest cent.) Data table Data table Requirement 2. Compute the manufacturing cost per unit for each product. Determine the formula to calculate the direct costs per unit
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