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Required 1 Using a plantwide overhead rate based on 7,000 direct labor hours, compute the total product cost per unit for each product. begin{tabular}{|l|cr|cr|r|l|} hline

image text in transcribedimage text in transcribedimage text in transcribed Required 1 Using a plantwide overhead rate based on 7,000 direct labor hours, compute the total product cost per unit for each product. \begin{tabular}{|l|cr|cr|r|l|} \hline \multicolumn{1}{|c|}{ Per Unit } & \multicolumn{2}{|c|}{\begin{tabular}{c} Direct \\ Materials \end{tabular}} & Direct Labor & Overhead & \begin{tabular}{c} Product Cost \\ per Unit \end{tabular} \\ \hline Product A & $ & 38 & $ & 58 & & \\ \hline Product B & & 48 & & 68 & & \\ \hline \end{tabular} Consider the following data for two products of Vigano Manufacturing. 1. Using a plantwide overhead rate based on 7,000 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity rates, (b) allocate overhead cost to Product A and Product B and compute overhead cost per unit for each, and (c) compute product cost per unit for each. (Round your final answers to 2 decimal places.)

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