Required information [The following information applles to the questions displayed below] For many years, Thomson Company manufactured a single product called LEC 40 . Then three years ago, the company automated a portion of its plant and at the same time introduced a second product called LEC 90 that has become increasingly popular. The LEC 90 is a more complex product, requiring 0.80 hours of direct labor time per unit to manufacture and extenslve machining in the automated portion of the plant. The LEC 40 requires only 0.40 hours of direct labor time per unit and only a small amount of machining. Manufacturing overhead costs are currently assigned to products on the basis of direct labor-hours. Despite the growing popularity of the company's new LEC 90, profits have been declining steadily. Management is beginning to belleve that there may be a problem with the company's costing system. Direct material and direct labor costs per unit are as follows: 8. Using the activity rates you computed in part (2), do the following: . Determine the per unit amount of manufacturing overhead cost that would be assigned to each product using the activity-based costing system. . Compute the unit product cost of each product. Complete this question by entering your answers in the tabs below. Using the activity rates you computed in part (2), determine the per unit amount of manufacturing overhead cost that would be assigned to each product using the activity-based costing system. (Round your answers to 2 decimal places.) Using the betwity rates you computed in psit (2), compute the unit product cost of each product. (Do not round