Real Cool produces air conditioners in two departments Assembly and Finishing Budgeted information follows. Department Assembly Finishing Budgeted Cost $ 237,000 30,000 Allocation Base Machine hours Direct labor hours Budgeted Usage: 7,900 machine hours 5,000 direct labor hours Additional production information for two models of its air conditioners follows. Per unit Selling price Model A $590 Model T $540 Direct materials 195 185 Direct labor 245 255 Model A 600 2 MH Model T 700 4 MH 3 DLH A DLH Units produced Assembly machine hours per unit Finishing direct labor hours per unit 1a. Compute departmental overhead rates and determine overhead cost per unit for each model. 1b. Use machine hours to allocate budgeted Assembly costs and use direct labor hours to allocate budgeted Finishing costs, 2. Compute the total product cost per unit for each model. 3. For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 Req 3 Compute departmental overhead rates and determine overhead cost per unit for each model. Assembly department overhead rate per MH Finishing department overhead rate per DLH Req 1A Req 18 Req 2 Req 3 Use machine hours to allocate budgeted Assembly costs and use direct labor hours to allocate budgeted Finishing cos (Round "Hours per unit" to one decimal place.) Model A Model T Departmental Department Overhead Rate Hours per Unit Overhead Allocated Hours per Unit Overhead Allocated Assembly Finishing Totals Req 1A Req 1B Req 2 Req 3 Compute the total product cost per unit for each model. Per Unit Model A Model T Direct Materials Direct Labor Overhead Product Cost per Unit Req 1A Req 1B Req 2 Req 3 For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). (Ar should be indicated with a minus sign.) Per Unit Model A Model T Selling Price Product Cost Gross Profit < Req 2 Re