Ramsey Company produces speakers (Model A and Model B). Both products pass through two producing departments. Model A's production is much more labor-intensive 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: Product Data Model A Model B 10,000 100,000 $149,000 $1,490,000 Units produced per year 141,000 290,000 Prime costs Direct labor hours Machine hours Production runs 18,000 200,000 50 70 Inspection hours 900 1,000 Maintenance hours 9,000 91,000 Overhead costs: Setup costs $348,000 Inspection costs 209,000 Machining 5,000 Maintenance 300,000 Total $862,000 1. Compute the overhead cost per unit for each product by using a plantwide rate based on direct labor hours. (Round to two decimal places.) Plantwide rate: 2 per DLH. Model A: 28.2 overhead cost per unit 5.8 V overhead cost per unit Model B: Feedback 2. Compute the overhead cost per unit for each product by using ABC. (Round rates and unit overhead costs to two decimal places.) Model A: 28.2 x overhead cost per unit Model B: 5.8 X overhead cost per unit Note: Be sure to complete both tables below. Activity Driver Activity Rate Setups Production runs per run Inspections Inspection hours per hour Machining Machine hours per hour Maintenance Maintenance hours per hour Overhead assignment Model A Model B Setups Inspections Machining Maintenance II. Total overhead = Units produced Overhead per unit 3. Suppose that Ramsey decides to use departmental overhead rates. There are two departments: Department 1: (machine intensive) with a rate of $4 per machine hour and Department 2: (labor intensive) with a rate of $1 per direct labor hour. The consumption of these two drivers is as follows: Department 1 Machine Hours Department 2 Direct Labor Hours Model A 12,000 127,000 Model B 150,000 250,000 Compute the overhead cost per unit for each product by using departmental rates. (Round to two decimal places.) Model A: per unit Model B: per unit