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 75,000 750,000 Units produced per year Prime costs Direct labor hours Machine hours Production runs $266,000 $2,660,000 100,300 1,003,000 51,300 513,000 100 150 2,000 3,000 2,250 9,000 Department Data Department 1 Department 2 Inspection hours Maintenance hours Direct labor hours: Scientific calculator Business calculator 74,800 25,500 872,610 130.390 205,190 898,110 Total Machine hours: Scientific calculator Business calculator 26,600 24,700 380,380 405,080 132,620 159,220 Total Overhead costs: $229,500 $229,500 Setup costs Inspection costs Power 200,000 200,000 162,000 264,250 249,000 197.000 $875,500 Maintenance Total $855,750 Required: 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 1.57 per direct labor hour Overhead cost per unit: Scientific 2.10 per unit Business 2.10 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 2.16 per machine hour Department 2 0.95 per direct labor hour Overhead cost per unit: Scientific 1.03 per unit Business 2.20 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 4.27 per direct labor hour Department 2 5.37 per machine hour Overhead cost per unit: Scientific 6.16 per unit Business 1.69 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 X per unit Business X per unit