Part 1: Bad River Company produces three products with the following production and cost information: Units produced Direct labor hours (total) Number of setups Number of shipments Number of inspections Model J 20.000 40.000 100 Model K 60.000 20,000 150 Modell 120,000 40.000 250 150 100 Overhead information includes: Cost Setups $290,000 Shipping 210.000 Quality 600.000 Total S1.100.000 Driver number of setups number of shipments number of inspections Required: Determine the amount of overhead that would be assigned to each unit of all three products using activity- based costing. Part 2: Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During the summer, the joint costs of processing the tomatoes were $420,000. There was no beginning or ending inventories for the summer. Production and sales value information for the summer were as follows: Product Cases Additional Costs Selling Price Ketchup 100.000 $3.00 per case $28 per case Juice 150,000 5.00 per case $25 per case Canned 200.000 2.50 per case 10 per case Required: a. Determine the amount allocated to each product if the estimated net realizable value method is used. b. Determine the amount allocated to each product if the physical units method is used