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Required information The following information applies to the questions displayed below) Puget World, Inc., manufactures two models of television sets, the N 800 XL model and the N 500 model. Data regarding the two products follow: Model NBB XL Model N 5e Direct Labor- Hours per Unit 4.0 1.0 Annual Production 5,000 units 14,000 units Total Direct Labor-Hours 20,000 14,000 34,000 Additional information about the company follows: a. Model N 800 XL requires $80 in direct materials per unit and Model N 500 requires $40. b. The direct labor wage rate is $19 per hour c. The company has always used direct labor-hours as the base for applying manufacturing overhead cost to products d. Model N 800 XL is more complex to manufacture than Model N 500 and requires the use of special equipment Consequently, the company is considering the use of activity-based costing to assign manufacturing overhead cost to products. Three activity cost pools have been identified as follows: Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 690,000 245,000 2,193,000 $ 3,128,000 Expected Activity Model N 500 280 Activity Measure Number of setups Machine-hours Direct labor-hours Model N 800 XL 180 17.500 20,000 Total 460 17,500 34,000 14.000 Required: 1 Assume that the company continues to use direct labor-hours as the base for applying overhead cost to products. a Compute the predetermined overhead rate b. Compute the unit product cost of each model Req 1A Reg 1B Assume that the company continues to use direct labor-hours as the base for applying overhead cost to products. Compute the predetermined overhead rate. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH Reg 1A Reg 1B Assume that the company continues to use direct labor-hours as the base for applying overhead cost to products. Computo the unit product cost of each model. (Round your answers to 2 decimal places.) Model N 000 XL Model N 500