Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below] Tent Master produces Pup tents and Pop-up tents. The company budgets $295,000 of overhead costs and 59,000 direct labor hours for this year. Additional information follows. Per Unit Pup tent Selling Price $ 74 Direct Haterials: $ 20 Pop-up tent 69 23 Direct Labor $43 27 Problem C-2A (Algo) Pricing analysis with plantwide overhead rate LO P1 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead based on 59,000 direct labor hours 2. Pup tents require 3 direct labor hours per unit and Pop-up tents require 2 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 selling price per unit minus the product cost per unit. Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below] Tent Master produces Pup tents and Pop-up tents. The company budgets $295,000 of overhead costs and 59,000 direct labor hours for this year. Additional information follows. Per Unit Pup tent Pop-up tent Selling Price $ 74 69 Direct Haterials $ 20 23 Direct Labor $ 43 27 Problem C-3A (Algo) Pricing analysis with activity-based costing LO P2 Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Assembly $177,000 Direct labor hours 59,000 Electricity 41,000 Machine hours 10,000 Materials purchasing 77,000 Purchase orders 500 Total $295,000 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 8,000 Pop-up tents. Allocate overhead costs to Pup tents and to Pop-up tents and compute overhead cost per unit for each Activity Cost Driver Direct labor hours Machine hours Purchase orders Activity Usage Pup tents Pop up tents: 38,500 4,000 20,500 6,000 150 350 Purchase orders 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. in the tahs below.