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PLEASE HELP!!! Required information Chan Company identified the following budgeted data for this year. The company manufactures two types of scooters: standard and fast. Activity

image text in transcribedimage text in transcribedimage text in transcribedPLEASE HELP!!!

Required information Chan Company identified the following budgeted data for this year. The company manufactures two types of scooters: standard and fast. Activity Handling materials Quality inspection Purchasing Total Budgeted Overhead Cost $ 657,000 114,000 49,900 $ 820,000 Budgeted Activity 100,000 parts 1,500 inspections 1,000 orders 1. Compute a single plantwide overhead rate assuming that the company allocates overhead cost based on 10,000 budgeted direct labor hours. 2. The standard model uses 5 direct labor hours per unit, and the fast model uses 10 direct labor hours per unit. Compute overhead cost per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute a single plantwide overhead rate assuming that the company allocates overhead cost based on 10,000 budgeted direct labor hours. Numerator 01 Budgeted overhead cost Budgeted direct labor hours Denominator The standard model uses 5 direct labor hours per unit, and the fast model uses 10 direct labor hours per unit. Compute overhead cost per unit for each model. Overhead Cost Plantwide Direct Labor Overhead Rate Hours per Unit per Unit Standard Fast Compute an overhead activity rate for each activity assuming the company uses activity-based costing. (Round your answers to 2 decimal places.) Budgeted Activity Usage Activity Rate Budgeted Cost $ 657,000 per order Activity Handling materials Quality inspection Purchasing 114,000 per order 49,000 per order $ 820,000

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