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Huey Walsh produces mathematical and financial calculators. Data related to the two products follow. B (Click the icon to view the data.) (Click the icon to view the additional information.) Required 1. Compute the manufacturing overhead cost for each product. 2. Compute the manufacturing cost for each product. e manufacturing cost for each product. X * Data Additional information x - Mathematical Financial Both products pass through Department 1 and Department 2. The departments' combined manufacturing overhead costs are as follows: $ Total $ 50,000 175,000 $ 75,000 $ 3.000 20,000 Annual production in units Direct materials costs Direct manufacturing labour cost Direct manufacturing tabour-hours Machine-hours Number of production runs Inspection hours 125.000 437,500 187,500 7,500 50,000 Machining costs Setup costs Inspection costs 490,000 135,000 120,000 co 50 50 al 1.000 500 Print Done in Print Done ant 2. Compute the manufacturing cost per unit for each product Requirement 1. Compute the manufacturing overhead cost per unit for each product. Determine the formula to calculate the overhead allocated to each product. Overhead allocated to product Now calculate the total overhead allocated to each product and the overhead cost per unit. (Round the manufacturing overhead cost per unit to the nearest cont.) Mathematical Financial Machining costs Setup costs Inspection costs Total overhead costs Manufacturing overhead cost per unit Requirement 2. Compute the manufacturing cost per unit for each product. Determine the formula to calculate the direct costs per unit. Direct cost per unit Now compute the manufacturing cost per unit for each product. (Round your answers to the nearest cent.) Mathematical Financial Manufacturing cost per unit