Required information [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $300,000 of overhead cost and 50,000 direct labor hours. Additional information follows. Required: Compute an activity rate for each activity using activity-based costing. (Round "Activity Rate" to 2 decimal places.) Required 2> \begin{tabular}{lrr} & \multicolumn{2}{c}{ Activity Usage } \\ \cline { 3 - 3 } Activity Cost Driver & Pup tents & Pop-up tents \\ Direct labor hours (DLH) & 34,000 & 16,000 \\ Machine hours (MH) & 4,000 & 6,000 \\ Purchase orders(PO) & 200 & 300 \end{tabular} Compute product cost per unit for Pup tents and for Pop-up tents. (Round "Activity Rate" and final answers to 2 decimal places.) 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.)