Required information Problem 4-17 (Static) Contrast Activity-Based Costing and Conventional Product Costing [LO4-2, LO4-3, LO4-4] [The following information applies to the questions displayed below] Puget World, Incorporated, manufactures two models of television sets, the N 800 XL model and the N 500 model, Data regarding the two products follow: Additional information about the company follows: a. Model N800XL requires $75 in direct materials per unit, and Model N 500 requires $25. b. The direct labor wage rate is $18 per hour. c. The company has always used direct labor-hours as the base for applying manufocturing overhead cost to products. d. Model N 800XL. is mpre complex to manufacture than Model N 500 and requires the use of special equipment. Consequently, the company is considering the use of activity-based costing to assign manufacturing overhead cost to products. Three activity cost pools have been identified as follows: Required information Problem 4-17 (Static) Contrast Activity-Based Costing and Conventional Product Costing [LO4-2, LO4-3, LO4-4] [The following information applies to the questions displayed below] Puget World, Incorporated, manufactures two models of television sets, the N 800 XL model and the N 500 model, Data regarding the two products follow: Additional information about the company follows: a. Model N800XL requires $75 in direct materials per unit, and Model N 500 requires $25. b. The direct labor wage rate is $18 per hour. c. The company has always used direct labor-hours as the base for applying manufocturing overhead cost to products. d. Model N 800XL. is mpre complex to manufacture than Model N 500 and requires the use of special equipment. Consequently, the company is considering the use of activity-based costing to assign manufacturing overhead cost to products. Three activity cost pools have been identified as follows