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Despite the growing popularity of the company's new LEC 90, profits have been declining steadily. Management is beginning to believe that there may be a problem with the company's costing system. Direct material and direct labor costs per unit are as follows: LEC 40 LEC 90 Direct materials $ 30.00 $50.00 Direct labor (0.60 hours and 6.80 hours a $10.00 per hour) $ 6.00 $ 8.00 Management estimates that the company will incur $960,000 in manufacturing overhead costs during the current year and 50,000 units of the LEC 40 and 25,000 units of the LEC 90 will be produced and sold. Problem 4-16 (Algo) Part 3 2. Using the activity rates you computed in part (2), do the following: a Determine the per unit amount of manufacturing overhead cost that would be assigned to each product using the activity based costing system b. Compute the unit product cost of each product, Complete this question by entering your answers in the tabs below. Reg 3 Reg 38 Using the activity rates you computed in part (2), determine the per unit amount of manufacturing overhead cost that would be assigned to each product using the activity based costing system. (Do not round Intermediate calculation Round your swers to 2 decimal places) Manufacturing overhead per un of LEC 40 Manufacturing overad per unit of LEC 90 > Despite the growing popularity of the company's new LEC 90, profits have been declining steadily. Management is beginning to believe that there may be a problem with the company's costing system. Direct material and direct labor costs per unit are as follows: LEC 40 LEC 90 Direct materials $ 30.00 $50.00 Direct labor (0.68 hours and 0.30 hours a $10.00 per hour) $ 8.00 Management estimates that the company will incur $960,000 in manufacturing overhead costs during the current year and 50,000 units of the LEC 40 and 25,000 units of the LEC 90 will be produced and sold. 55.00 Problem 4-16 (Algo) Part 3 3. Using the activity rates you computed in part (2), do the following: a. Determine the per unit amount of manufacturing overhead cost that would be assigned to each product using the activity-based b. Compute the unit product cost of each product. Complete this question by entering your answers in the tabs below. RGBA RA Uung the activity rates you computed in part (2), compute the unit product cost of each product. Do not found intermediate calculation. Round your answers to 2 decimal places) Unitrocitos EC 40 Un product cost for LECSO