penow.convilm/takeAssignment/takeAssignment Main.dolinvoker assignments&takeAssignmentSessionLocator assignment-takein eBook Calculator Activity-Based Product Costing Roberts Company produces two weed eaters: basic and advanced. The company has four activities: machining, engineering, receiving, and inspection Information on these activities and their drivers is given below. Basic Advanced Total Units produced 100,000 300,000 - Prime costs $8,000,000 $30,000,000 $38,000,000 Machine hours 100,000 500,000 600,000 Engineering hours 400 3,600 9.000 Receiving orders 400 1,200 1,600 800 -600 Inspection hours 1,600 2,400 Overhead costs: Machining Engineering $6,000,000 2,000,000 560,000 360,000 Receiving Inspecting products Required: Catha Next Check My Work 12:12 PM PA R * 10/27/2019 560,000 Receiving Inspecting products 360,000 Required: 1. Calculate the four activity rates. $ per machine hour per hour per order per hour Receiving rate $ $ Inspecting rate 2. Calculate the unit costs using activity rates. Round your answers to the nearest cent. Unit cost Basic per unit Advanced per unit Calculate the overhead cost per unit. Round your answers to the nearest cent. Overhead Cost Basic per unit Inspecunda 2. Calculate the unit costs using activity rates. Round your answers to the nearest cent. Unit cost Basic s per unit Advanced $ per unit Calculate the overhead cost per unit. Round your answers to the nearest cent. Overhead Cost per unit Basic s Advanced S p er unit Show Oh 3. If consumption ratios instead of activity rates were used to assign costs instead of activity rates, show the cost assignment for the inspection activity. Cost assignment Basic Advanced