Problem 4-4A (Algo) Using departmental overhead rate method to compute overhead cost per unit, product cost per unit, and gross profit per unit LO P2 Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Assembly Required: Budgeted Cost $ 138,600 153,000 Allocation Base Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 9,900 MH 3,400 DLH 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. Machine hours per unit Direct labor hours per unit Voltage 2.0 MH 2.0 DLH EasyRider 4.0 MH 0.6 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage Selling Price $291 196 Direct Materials. $109 99 Direct Labor $ 48 21 EasyRider 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 41 Per Unit Voltage EasyRider Selling Price $ 291 196 Direct Materials: $ 109 Direct $ 48 99 21 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 31 Required 4 Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. Fabricating departmental overhead rate Assembly departmental overhead rate 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage EasyRider Selling Price $291 196 Direct Materials $109 99 Direct Labor $48 21 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 The company reports the following actual production usage data. Compute the overhead cost per unit for each model. (Round your "Hours per unit" amounts to 1 decimal place and other answers to 2 decimal places.) Department Fabricating Assembly Totals Voltage EasyRider Departmental Overhead Rate Hours per Unit i Overhead Allocated Hours per Unit Overhead Allocated Machine hours per unit Direct labor hours per unit 2.0 MH 2.0 DLH 8.6 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. 432 Per Unit Voltage points EasyRider eBook Pont References Selling Price $291 196 Direct Materials $109 99 Direct Labor $ 48 21 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 21 Required 3 Required 4 The company reports additional information below. For each model, compute the product cost per unit. (Round your answers to 2 decimal places.) Per Unit Voltage Direct Materials Direct Labor Overhead Product Cost per Unit EasyRider 7 Direct labor hours per unit 2.0 DLH 0.6 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit 4.32 points Voltage EasyRider Selling Price $ 291 1961 Direct Materials $ 109 99 Direct Labor $ 48 21 eBook Print 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. References Required 11 Required 2 Required 3 Required 4 Required 4 For each model, compute gross profit per unit (selling price per unit minus product cost per unit). (Round your answers to 2 decimal places.) Per Unit Voltage EasyRider Selling Price Product Cost Gross Profit