Real Cool produces air conditioners in two departments: Assembly and Finishing, Budgeted information follows Department Budgeted Cont Allocation Base Budgeted Usage Assembly $ 300,000 Machine hours 7,500 machine hours Finishing 23,000 Direct labor hours 4,600 direct labor hours Additional production information for two models of its air conditioners follows. Per unit Selling price Direct materials Direct labor Model $ 550 175 225 Model T $ 550 165 235 Model 600 2 MH 3 DLH Model 700 4 MH 4 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. 11. 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. Reg 1A Reg 1B Reg 2 Reg 3 For each model, compute the gross profit per unit (selling price per unit minus product cost per unit). (A negative gross profit should be indicated with a minus sign.) Por Unit Selling Price Product Cost Gross Profit