Parker Company produces mathematical and financial calculators and operates at capacity. Data related to the two Requirements products follows. (Click the icon to view the data.) Total manufacturing overhead costs are: (Click the icon to view the overhead costs.) Machining costs Setup costs Inspection costs. Total overhead costs Manufacturing overhead cost per unit Requirement 2. Compute the manufacturing cost per unit for each product. Determine the formula to calculate the direct costs per unit. Now calculate the total overhead allocated to each product and the overhead cost per unit. (Round your answer to the nearest cent.) Mathematical Financial Now compute the manufacturing cost per unit for each product. Mathematical = Financial Direct cost per unit 1. Choose from any list or enter any number in the input fields and then continue to the next question. 2. 3. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. Compute the manufacturing cost per unit for each product. How might Parker's managers use the new cost information from its activity-based costing system to better manage its business? X Data Table Data Table Machining costs Setup costs Inspection costs Annual production in units Direct materials cost Direct manufacturing labor cost Direct manufacturing labor-hours Machine-hours Number of production runs Inspection hours S S Total 360,000 108,000 102,000 Mathematical 50,000 200,000 $ 75,000 $ 2,500 20,000 40 800 - X Financial 100.000 400.000 150.000 5.000 40.000 40 400 1 Requirement 2. Compute the manufacturing cost per unit for each product. Determine the formula to calculate the direct costs per unit. Now compute the manufacturing cost per unit for each product. Mathematical Financial Direct cost per unit Manufacturing cost per unit Requirement 3. How might Parker's managers use the new cost information from its activity-based costing syste A. Managers can use this information for design decisions, and to plan and manage activities. B. Managers can use this information to devise employee compensation packages. C. Managers can use this information to improve advertising campaigns and their public image. D. Managers can use this information for pricing and product-mix decisions, and for cost reduction and proce Choose from any list or enter any number in the input fields and then continue to the next question.