Neylon Company produces mathematical and financial calculators and operates at capacity. Data relat i Data Table (Click the icon to view the data.) Mathematical Financial Total manufacturing overhead costs are: Total Machining costs $ 450,000 Setup costs 120,000 Inspection costs 100,000 Annual production in units Direct materials cost Direct manufacturing labor cost Direct manufacturing labor-hours 100,000 300,000 $ 100,000 $ 5,000 25,000 200,000 600,000 200,000 10,000 50,000 100 300 Begin by choosing a cost driver for each overhead cost pool. Machine-hours Cost driver Number of production runs 100 Inspection hours 700 Activity Machining Set up Inspection Machine-hours Production runs Inspection-hours Rate $ 6 per machine-hour $ 600 per production run $ 100 per inspection-hour Print Done Determine the formula to calculate the overhead allocated to each product. Indirect-cost rate X Product quantity of allocation base = Overhead allocated to product Now calculate the total overhead allocated to each product and the overhead cost per unit. (Round your answer to the nearest cent.) Mathematical Machining costs Setup costs Inspection costs Total overhead costs Manufacturing overhead cost per unit Choose from any list or enter any number in the input fields and then click Check