Problem 1: Gentry Cabinetry produces two models of home shelving, the Basic and the Mega. Data on operations and costs for November are: Basic Total Machine hours 8,000 Mega 4,000 4,000 250 Direct labor hours 6,000 1,000 12,000 10,000 1,250 Units produced Direct material costs $27,500 $20,000 $7,500 129,000 71,000 Direct labor costs 200,000 Manufacturing overhead costs 348,200 Total costs $575,700 Required (Clearly label and show all supporting work); Compute the following: (a) Unit cost for each model, assuming Gentry Cabinetry uses direct labor hours to allocate overhead costs. BASIC Unit Cost MEGA Unit Cost (b) Overhead application rate, using direct labor costs to allocate overhead costs. (c) Overhead application rate, using machine hours to allocate overhead costs