Parker Company produces mathematical and financial calculators and operates at capacity. Data related to the two Requirements products follows. 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for .: (Click the icon to view the data.) each product. 2. Compute the manufacturing cost per unit for each product. Total manufacturing overhead costs are: 3. How might Parker's managers use the new cost information from its activity-based costing system to better (Click the icon to view the overhead costs.) manage its business? 1 Data Table - X Now calculate the total overhead allocated to each product and the overhead cost per unit. (Round your answer to the nearest cent.) Mathematical Financial Machining costs Total Setup costs Machining costs $ 360,000 Inspection costs Setup costs 108,000 Total overhead costs Inspection costs 102,000 Manufacturing overhead cost per unit Data Table - X Requirement 2. Compute the manufacturing cost per unit for each product. Determine the formula to calculate the direct costs per unit. - Direct cost per unit Now compute the manufacturing cost per unit for each product. Mathematical Financial Annual production in units Direct materials cost Direct manufacturing labor cost Direct manufacturing labor-hours Machine-hours Number of production runs Mathematical Financial 50,000 100.000 200,000 $ 400.000 75,000 $ 150,000 2,500 5.000 20,000 40.000 40 800 400 Choose from any list or enter any number in the input fields and then continue to the next question. Inspection hours Requirement 2. Compute the manufacturing cost per unit for each product. Determine the formula to calculate the direct costs per unit. = Direct cost per unit Now compute the manufacturing cost per unit for each product. Mathematical Financial 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. O 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