Required information Use the following information for the Quick Studies below. (Static) Chan Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of scooters: standard and fast. Activity Handling materials Quality inspection Purchasing Total Budgeted Costs $ 625,000 90,000 Budgeted Activity 100,000 parts 1,500 inspections 25,000 1,000 orders $ 740,000 QS C-4 (Static) Computing plantwide overhead rate LO P1 1. Compute a single plantwide overhead rate assuming that the company allocates overhead based on 10,000 budgeted direct labor hours. 2. The standard model requires 5 direct labor hours per unit, and the fast model requires 10 direct labor hours per unit. Compute overhead cost per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 The standard model requires 5 direct labor hours per unit, and the fast model requires 10 direct labor hours per unit. Compute overhead cost per unit for each model. Standard Fast Plantwide Overhead Rate Direct Labor Hours per Unit Overhead Cost per Unit