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ork Saved Direct materials Direct labor M-000 $100,000 M-123 $ 84,000 100,800 42,000 Total $184,800 142,800 Management determined that overhead costs are caused by
ork Saved Direct materials Direct labor M-000 $100,000 M-123 $ 84,000 100,800 42,000 Total $184,800 142,800 Management determined that overhead costs are caused by three cost drivers. These drivers and their costs for last year were as follows. Activity Level Cost Driver Number of machine-hours Number of production runs Number of inspections Total overhead Costs $110,600 1-000 M-123 Total 8,000 80,000 95,000 $285,600 20 30 2,000 20 20 10,000 40 50 Required: a. How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? b. How much of the overhead will be assigned to each product if direct labor cost is used to allocate overhead? What is the total cost per unit produced for each product? Complete this question by entering your answers in the tabs below. Required A Required B How much overhead will be assigned to each product if these three cost drivers are used to allocate overhead? What is the total cost per unit produced for each product? (Round "Total unit cost" to 2 decimal places.) Total overhead Total unit cost M-008 M-123 S Required B>
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