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Required information [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $288,000 of overhead

image text in transcribed Required information [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $288,000 of overhead costs and 48,000 direct labor hours for this year. Additional information follows. Required: 1. Compute an activity rate for each activity using activity-based costing. 2. The company used the activities below to produce 10,000 Pup tents and 5,000 Pop-up tents. Allocate overhead costs to Pup tents and to Pop-up tents and compute overhead cost per unit for each. 3. Compute product cost per unit for Pup tents and for Pop-up tents. 4. For each product, compute the selling price per unit minus the product cost per unit. Complete this question by entering your answers in the tabs below. Compute an activity rate for each activity using activity-based costing. Note: Round "Activity rate" to 2 decimal places

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