Problem Stewart Company, a recent entrant to the market, manufacturers a popular robotic toy. There are two production departments Assembly and Finishing. Selected budgeted and actual data are below. Assembly Finishing Budgeted overhead $280,000 $300,000 Actual overhead $343,200 $198,000 Expected direct labor hours 80,000 24,960 Expected machine hours 1,300 120,000 During the year, 10,000 units of the toy were produced and 9,700 units were sold. Actual data related to this production are below. Direct materials cost $547,590 Direct labor cost $48,600 Direct labor hours used: Assembly 82,560 Finishing 26,880 Machine hours used: Assembly 1,680 Finishing 130,940 Stewart uses departmental overhead rates-Assembly is based on direct labor hours and Finishing is based on machine hours. If necessary, round final answers to 2 decimal places. Required: 1. Compute the departmental overhead rates for a) Assembly and b) Finishing. 2. Using the departmental rates, compute the overhead costs assigned to production? 3. For Assembly only, compute the overhead variance and label it as under-or overapplied. 4. Compute the per-unit manufacturing costs for the production (assuming normal costing)