Precision Manufacturing Inc. (PMI) makes two types of industrial component partsthe EX300 and the TX500. It annually produces 69,000 units of EX300 and 13,400 units of TX500. The companys conventional cost system allocates manufacturing overhead to products using a plantwide overhead rate and direct labor dollars as the allocation base. Additional information relating to the companys two product lines is shown below:

	EX300			TX500			Total
Direct materials	$	375,325		$	171,550		$	546,875
Direct labor	$	129,000		$	47,000		$	176,000

The company is considering implementing an activity-based costing system that distributes all of its manufacturing overhead to four activities as shown below:

				Activity
Activity Cost Pool (and Activity Measure)	Manufacturing Overhead			EX300			TX500			Total
Machining (machine-hours)	$	182,600			99,000			67,000			166,000
Setups (setup hours)		249,900			120			390			510
Product-level (number of products)		187,020			1			1			2
General factory (direct labor dollars)		84,480		$	129,000		$	47,000		$	176,000
Total manufacturing overhead cost	$	704,000

Required:

1-a. Compute the plantwide overhead rate that would be used in the companys conventional cost system. Round your answer to 2 decimal places.

Predetermined overhead rate _______ per DL$

1-b. Using the plantwide rate, compute the unit product cost for each product. Round your intermediate calculation and final answer to 2 decimal places.

Unit product cost for EX300?

Unit product cost for TX500?

2-a. Compute the activity rate for each activity cost pool. Round your Machining and General factory activity rates to 2 decimal places.

Activity Cost Pool Activity Rate

Marching per MHR ?

Setups per setup hr ?

Product-level per product ?

General factory per DL$ ?

2-b. Using the activity rates, compute the unit product cost for each product. Round your intermediate calculations and final answers to 2 decimal places.

Unit product cost for EX300?

Unit product cost for TX500?