Northwest Company produces two types of glass shelving: rounded edge and squared edge. The company reports the following cost data. Direct materials Rounded Edge Squared Edge $ 38,400 Total $ 88,800 Direct labor Overhead (using plantwide rate) 12,800 45,000 Total product cost Units produced Product cost per unit $ 96,200 12,800 $ 7.52 $ 169,400. $ 50,400 33,600 85,400 46,400 130,400 $ 265,600 16,800 $ 10.08 Northwest's controller wants to apply activity-based costing to allocate the $130,400 of overhead cost to the two products to see whether product cost per unit would change markedly from that above. The company's budgeted activity usage equals its actual activity usage for the period. The following additional information is collected. Activity Purchasing 500 hours Depreciation of machinery Budgeted Cost $ 6,800 67,800 55,800 Activity Cost Driver Purchase orders Machine hours Setups Rounded Edge 179 orders $ 130,400 Setup 40 setups Activity Usage Squared Edge 501 orders 1,500 hours 210 setups Total 680 orders 2,000 hours 250 setups Total Required: 1. Compute the activity rate for each activity using activity-based costing. 2. Compute overhead cost per unit for each of the two products using activity-based costing. 3. Determine product cost per unit for each of the two products using activity-based costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the activity rate for each activity using activity-based costing. Note: Round "Activity rate" to 2 decimal places. Activity Purchasing Depreciation Setup Budgeted Cost Budgeted Activity Usage Activity Rate: 1. Compute the activity rate for each activity using activity-based costing. 2. Compute overhead cost per unit for each of the two products using activity-based costing. 3. Determine product cost per unit for each of the two products using activity-based costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute overhead cost per unit for each of the two products using activity-based costing. Note: Round "Activity Rate" to 2 decimal places and other answers to the nearest whole dollar amount. Overhead cost per unit-Rounded Edge Activity Purchasing Depreciation Setup Total allocated cost Units produced Overhead cost per unit Overhead cost per unit-Squared Edge Activity Purchasing Depreciation Setup Total allocated cost Units produced Overhead cost per unit Activity Usage Activity Rate Allocated Cost Activity Usage Activity Rate Allocated Cost < Required 1 Required 3> 1. Compute the activity rate for each activity using activity-based costing. 2. Compute overhead cost per unit for each of the two products using activity-based costing. 3. Determine product cost per unit for each of the two products using activity-based costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine product cost per unit for each of the two products using activity-based costing. Note: Round intermediate calculations and final answers to 2 decimal places. Per Unit Rounded Edge Squared Edge Direct Materials Direct Labor Overhead Product Cost per Unit