Ramsey Company produces speakers (Model A and Model B). Both products pass through two producing departments. Model A's production is much more tabor-intenisive than that of Model B. Model B is also the more popular of the two speakers. The following data has been gathered for the two products: Required: 1. Compute the overhead cost per unit for each product by using a plantwide rate based on direct labor heuirs (Riound to mo decimar places) 2. Compute the overtead cost per unit for each product by using ABC. (Found rates and unt overhead cost fo two decimal places) 3. Suppose that Ramsey decides to use departmentar overhead rates. There are fwo deparimenta: Oepartment f (machine intensive) wat a rate of 33.50 per machine hour and Department 2 (labor intenswe) wath a rate of 50.90pe direct habor hour. The cansumpeon of ihese cwo divers is as follows: Compute the overhead cost per un! for each product by uaing departinental rates. (Rhown to ho decimar places) 4. CONCEPTUA CONNECTON Uaing the ectiviblbased product costa as the atandard, comment an the abwy of dopatrnentairates to improve the accuracy of prodict costing. Did the departnental rates do beffer than the plannide rate? Plantwide rate: per DLH Modet At overhead cost per unit Model B: overhead cost per unit Activity Rates 2. Compute the overhead cost per unit for each product by using ABC. (Round rates and unt overhead costs to two decimal places) Model A: overhead cost per unit Model B: overhead cost per unit Note: Be sure to complete both tables below: Overhead assignment 3. Suppose that Ramsey decides to use departmental overhead ratos. There are two departments Department 1: (machine intensive) with a rafo of $3.50 per machine hour and Department 2: (labor intensive) with a rate of $0.90 per direct labor hour. The consumption of these two divers is as follows. Compute the overhead cost per unit for each product by using departmental cates. (Round to two decimal places.) Model A per unit Model B: per una