Product-Costing Accuracy, Plantwide and Departmental Rates, ABC Escuha Company produces two type of calculators: scientific and business. Both products pass through two producing departments. The business calculator is by far the most popular. The following data have been gathered for these two products: Product-Related Data Scientific Business Units produced per year 74,000 740,000 Prime costs $240,000 $2,400,000 993,000 Direct labor hours 99,300 Machine hours 52,900 529,000 Production runs 100 150 Inspection hours Maintenance hours 2,000 3,000 2,250 9,000 Department Data Department 1 Department 2 73,200 26,100 129.090 863,910 202,290 890,010 Direct labor hours: Scientific calculator Business calculator Total Machine hours: Scientific calculator Business calculator Total 26,000 26,900 128.600 400,400 426,400 155,500 $214,500 160,000 $ 214,500 160,000 Overhead costs: Setup costs Inspection costs Power Maintenance Total 237,000 167,000 261,250 200,000 $811,500 $802,750 Required: 1. Compute the overhead cost per unit for each product using a plantwide, unit-based rate using direct labor hours. Round your calculations and answers to the nearest cent. Plantwide rate per direct labor hour Overhead cost per unit: Scientific per unit Business per unit 2. Compute the overhead cost per unit for each product using departmental rates. In calculating departmental rates, use machine hours for Department 1 and direct labor hours for Department 2. Round departmental rates and the overhead cost per unit to the nearest cent if rounding is required. Departmental rates: Department 1 per machine hour Department 2 per direct labor hour Overhead cost per unit: Scientific per unit Business per unit Repeat using direct labor hours for Department 1 and machine hours for Department 2. Round departmental rates and the overhead cost per unit to the nearest cent if rounding is required. Departmental rates: Department 1 per direct labor hour Department 2 per machine hour Overhead cost per unit: Scientific per unit Business per unit 3. Compute the overhead cost per unit for each product using activity-based costing. Round your calculations and answers to the nearest cent. Overhead Cost Scientific per unit Business per unit