Part 1: Vitamin Beverages Company produces three main products with the following production and cost information: Fruit Punch Tropical Mango Kiwi-Strawberry Units produced 20,000 60,000 120,000 Direct labor hours (total) 45,000 22,500 45,000 Number of setups 125 225 Number of shipments 60 65 75 Number of inspections 75 125 150 100 Setups Shipping Quality Total Cost Driver $295,000 number of setups 245,000 number of shipments 675,000 number of inspections $1,215,000 Required: Determine the amount of overhead that would be assigned to each unit of all three products using activity- based costing. Part 2: Green Chili Sauce Company processes chili's into chili powder, chili sauce, and chili paste. During the Spring, the joint costs of processing the chilis were $650,000. There was no beginning or ending inventories for the Spring. Production and sales value information for the Spring were as follows: Product Cases Additional Costs Selling Price Chili powder 200,000 $ 5.00 $ 25.00 Chili sauce 275,000 $ 6.00 $ 21.00 Chili paste 125,000 $ 7.50 $ 30.00 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. (round amounts to the nearest dollar)