Ramsey Company produces speakers $($model A and model B$).$ Both products pass through two producing departments. Model A$$s production is much more labour$-$intensive than that of model B$.$ Model B is also the more popular of the two speakers. The following data have been gathered for the two products:

Required:

$1.$ Calculate the overhead cost per unit for each product by using a plantwide rate based on direct labour hours. Round overhead rate to four decimal places and round overhead per unit to the nearest cent.

Plantwide overhead rate:

Product A overhead total:

Product A overhead per unit:

Product B overhead total:

Product B overhead per unit: