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Percision Manufacturing Incorperated (PMI) makes two types of individual components parts- the EX300 and TX500. It anually produces 63,00 units of EX300 and 12,800 units

Percision Manufacturing Incorperated (PMI) makes two types of individual components parts- the EX300 and TX500. It anually produces 63,00 units of EX300 and 12,800 units of TX500. The company's conventional cost system allocates manufacturing overhead to products using a plantwide overhead rate and direct labor dollars as the allocation base. Additional information relating to the company's two product lines is shown below:

Using the plantwide overhead rate the unit product cost for each product

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1.compute the plantwide overhead rate that would be used in the companys conventional cost system
1b. Using the plantwide Rate, compute the unit product cost for each product
2. Compute the activity rate for each activity cost pool : Machining _ per MHR, Setups _ per setup hour, Product-level _ per product and General Factory _ per DL$
2b. Using the activity rates, compute the unit product cost for each product

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