Real Cool produces air conditioners in two departments: Assembly and Finishing. Budgeted information follows. Department Budgeted Cost Allocation Base Budgeted Usage Assembly $ 288,000 Machine hours 7,200 machine hours Finishing 27,000 Direct labor hours 4,500 direct labor hours Additional production information for two models of its air conditioners follows. Per unit Model A Model T Selling price $ 520 $ 550 Direct materials 160 150 Direct labor 210 220 Model A Model T Units produced 200 300 Assembly machine hours per unit 2 MH 4.5 MH Finishing direct labor hours per unit 3 DLH 4 DLH 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)