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Required information {The following information applies to the questions displayed beiowj Tent Master produces Pup tents and Popup tents. The company budgets $330,000 of overhead

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Required information {The following information applies to the questions displayed beiowj Tent Master produces Pup tents and Popup tents. The company budgets $330,000 of overhead cost and 55,000 direct labor hours. Additional information follows. Per Unit Selling Price Direct Materials Direct Labor Pup tent $ 96 $ 23 $ 59 Popup tent 85 2? 32 Required: 1. Compute a single plantwide overhead rate assuming the companyr allocates overhead cost based on 55,000 direct labor hours. 2. Pup tents use 4 direct labor hours [DLH] per unit and Popup tents use 3 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}

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