! Required Information The following information applies to the questions displayed below.) Tent Master produces Pup tents and Pop-up tents. The company budgets $336,000 of overhead cost and 56,000 direct labor hours. Additional information follows. Per Unit Selling Price Direct Material Direct Labor Pup tent $ 76 $20 $ 40 Pop-up tent 71 18 22 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 56,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 56,000 direct labor hours. Numerator Denominator Regis Required 2 > Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 56,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product Piante Overhead Rate Direct Labor Hours per Unit Overhead Coat per Unit Pup tant Pop-up tent per unit per unit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the product cost per unit for each product. Per Unit Pup tent Pop-up tent Direct Overhead Cost Product Cost Materials Direct Labor per Unit per Unit $ 20 $ 40 18 22 -ferences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). (Enter any product costs in excess of selling prices as negative values.) Per Unit Product Cost Gross Profit Pup tent Pop-up tent Selling Price $ 76 71 Activity Assuntily meetrity Materials purchasing Total Budgeted cost 1 224,000 34.000 74.000 3,000 Activity Coat Driver Direct labor hours (LR) Machine hours (M) Purchase orders (0) Budgeted Activity ago 36,000 10,000 400 Required: 1. Compute an activity rate for each activity using activity based costing 2. The following actual activity usage produced 10.000 Pup tents and 5.000 Pop-up tents. Allocatie overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. Activitage LIVIA Cost Driver Pup tents Toptent Direct Labor hour(DLI) 37,000 19,000 Machine hours (HR) 3,500 Purchave order) 160 240 3. Compute product cost per unit for Pup tents and for Pop-up tents. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). 6,500 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Compute an activity rate for each activity using activity-based costing (Round "Activity Rate to 2 decimal places) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places.) Budgeted Cost Budgeted Activity Usage Activity Rate Activity Assembly Electricity Materials purchasing Red Required 2 > Required information Part 2 of 2 Required 1 Required 2 Required 3 Required 4 3 The following actual activity usage produced 10,000 Pup tents and 5,000 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. (Round "Activity Rate" and "Overhead per unit to 2 deoma places) Allocate overhead to Pup tant Activity Unge Activity Rate Allocated est $ abo Activity Assembly Electricity Materials purchasing Total located cost Units produced Overhead cost per unit 0 0 $ 0 References Allocate averhead to Pop-upton Activity Usage Activity Rule Allocated Coat $ 0 Activity Assembly Electricity Materias purchasing Totato cos Units produced Overhead coat per unit S O Check my work Required information Pop-up tents and compute overhead cost per unit for each product. Activity CoutDriver Direct labor hour (DLR) Machine hours (M) Purchase orders (PO) Activity Usage Pup tento Pop-up tento 37.000 19,000 3.500 6,500 160 240 3. Compute product cost per unit for Pup tents and for Pop-up tents 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Required 4 Compute product cost per unit for Pup tents and for Pop-up tents. (Round "Activity Rate and final answers to 2 decimal places.) Overhead Product Cost per Unit Per Unit Pup tent Pop-up tent 5 Direct Direct Labor 20.00 $ 40.00 18.00 22.00 (Required 2 Required 4 ) com per unit (selling price per unit minus the product cost per unit) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). (Round "Activity Rate" and final answers to 2 decimal places. Enter any product costs in excess of selling prices as negative values.) Per Unit Selling Price Product Cont Gross Profit Pup tent $ 76.00 Pop-up tent 71.00