Required Information [The following information applles to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $360,000 of overhead cost and 60,000 direct labor hours. Additional Information follows. Requlred: 1. Compute an actlvity rate for each actlvity using actlvity-based costing. 2. The following actual actlvity usage produced 10,000 Pup tents and 7,500 Pop-up tents. Allocate overhead cost to Pup tents and to Pop-up tents and compute overhead cost per unit for each product. 3. Compute product cost per unlt for Pup tents and for Pop-up tents. 4. For each product, compute the gross profit per unit (selling price per unlt minus the product cost per unit). Complete this question by entering your answers in the tabs below. Compute product cost per unit for Pup tents and for Pop-up tents. (Round "Activity Rate" and final answers to 2 decimal places.)