Peter Company produces mathematical and financial calculators and operates at capacity. Data related to the Requirements two products are presented here. 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead (Click the icon to view the data.) cost per unit for each product. 2. Compute the manufacturing cost per unit for each product. Total manufacturing overhead costs are as follows: (Click the icon to view the overhead costs.) 3. How might Peter's managers use the new cost information from its activity-based costing system to better manage its business? Data table Data table Requirement 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. Begin by choosing a cost driver for each overhead cost pool. Determine the formula to calculate the overhead allocated to each product. ProductquantityofallocationbaseIndirect-costrateOverheadallocatedtoproduct Now calculate the total overhead allocated to each product and the overhead cost per unit. (Round your answer to the nearest cent.) Requirement 2. Compute the manufacturing cost per unit for each product. Now compute the manufacturing cost per unit for each product. Requirement 3. How might Neylon's managers use the new cost information from its activity-based costing system to better manage its business? (Select all that apply.) A. Managers can use this information to devise employee compensation packages. B. Managers can use this information to improve advertising campaigns and their public image. C. Managers can use this information for design decisions, and to plan and manage activities. D. Managers can use this information for pricing and product-mix decisions, and for cost reduction and process-improvement decisions