Northwest Company produces two types of glass shelving: rounded edge and squared edge. The company reports the following cost data Direct materials Direct labor Overhead (using plantwide rate) Total product cost Units produced Product cost per unit Rounded Edge $ 41,400 13,800 43,000 $ 103,200 13,300 57.48 Squared Edge $ 53,000 35,600 90,000 $ 179,400 17,800 $10.08 Total $ 94,800 49,400 138 400 $ 282,600 bo int Northwest's controller wants to apply activity-based costing to allocate the $138,400 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 Used Activity Budgeted cost Activity Cost Driver Rounded Edge Squared Edge Total Purchasing $ 7,300 Purchase orders 204 orders 526 orders 730 orders Depreciation of sachinery 71,800 Machine hours 500 hours 1,500 hours 2,000 hours Setup 59,00 Setups 40 Setups 210 setups 250 setups Total $ 138,400 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 Required 2 Required 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. (Round "Activity rate" to 2 decimal places.) Activity Budgeted Cost Budgeted Activity Usage Activity Rate Purchasing Depreciation Setup (Required Required 2 > DK 1 Compute overhead cost per unit for each of the two products using activity-based costing. (Round "Activity Rate" to 2 places and other answers to the nearest whole dollar amount.) Overhead cost per unit-Rounded Edge Activity Activity Usage Activity Rate Allocated Cost Purchasing Depreciation Setup Total allocated cost 0 Units produced Overhead cost per unit 0 ht ences Activity Usage Activity Rate Allocated Cost Overhead cost per unit-Squared Edge Activity Purchasing Depreciation Setup Total allocated cost Units produced Overhead cost per unit $ 0 0 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. (Round Intermediat and final answers to 2 decimal places) Direct Materials Direct Labor Overhead Product Cost per Unit Per Unit Rounded Edge Squared Edge