Question 1 Coronado is an electronics components manufacturer. Information about the company's two products follows: Units produced Direct labor hours required for production Units per batch Shipping weight per unit AM-2 FM-9 24,000 1,900 20,000 28,000 5,000 50 0.50 lbs. 4 lbs. The company incurs $1,309,940 in overhead per year and has traditionally applied overhead on the basis of direct labor hours. Your answer is correct. (i) How much overhead will be allocated to each product using the traditional direct labor hours allocation base? (Round per unit rates to 2 decimal places, e.g. 3.54 and final answers to O decimal places, e.g. 45,000.) AM-2 FM-9 545808.33 764131.67| Overhead allocated to each product (ii) What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, e.g. 15.25.) AM-2 FM-9 2274 402.17 Overhead cost per unit Your answer is partially correct. Try again. Assume that Coronado has identified three activity cost pools. Pool Cost Assembly Setup Packaging $1,008,000 117,700 Cost Driver Direct labor hours Number of setups (1 per batch) 184,240 Weight (i) Given these activity pools and cost drivers, how much overhead should be allocated to each product? (Round per unit rates to 2 decimal places, e.g. 3.54 and final answers to 0 decimal places, e.g. 45,000.) AM-2 FM-9 557005.76 752934.24 Total allocated overhead (ii) What overhead cost per unit will be allocated to each product? (Round answers to 2 decimal places, e.g. 15.25.) AM-2 FM-9 U 23.21 23.21 396.28 Overhead cost per unit $