Requirement 1. If Elton's managers rely on the ABC unit cost data computed in 2018, which model will they produce? Carry each cost to the nearest cent. (Ignore selling and administrative expenses for this calculation.) Use the ABC unit cost data to compute the gross profit per unit for each model. ABC Data Gross Profits Standard Deluxe Sales price Direct materials Direct labor Indirect manufacturing costs Gross profit per unit Elton's managers will produce 2000 units of the v model to maximize income Elton's managers will produce 2000 units of the model to maximize income. Requirement 2. If the managers rely on the single plantwide overhead allocation rate cost data, which model will they produce? Use the single plantwide allocation rate cost data to compute the gross profit per unit for each model. (Round amounts to the nearest cent, $X.XX.) Single-Allocation-Base Data Gross Profits Standard Deluxe Sales price Direct materials Direct labor Indirect manufacturing costs Gross profit per unit knufacturing costs, the following data are expected for the company' Elto 201 com Data Table Data Table kpected information.) r capacity, Elton can produce either 2,000 standard rims or 2.000 de Indirect Manufacturing Cost Per Unit Standard Deluxe $ 700.00 $ 940.00 Sales price Direct materials ABC costs Standard Deluxe 250.20 $ 448.20 279.36 $ 419.04 $ 31.00 48.00 Sal Single-rate costs $ Direct labor 45.00 50.00 Dire Dire Print Done Print Done Indi Gross profit per unit If they rely on the single plantwide allocation rate cost data, Elton's managers will produce the model. It will appear to maximize income Requirement 3. Which course of action will yield more income for Elton? Elton will earn more income by producing the model. data are generally more accurate than data Enter any number in the edit fields and then continue to the neyt