Requiren 1. Choo drives overt Rate Peter Company produces mathematical and financial calculators and operates at capacity. Data related to the two products are presented here. Click the icon to view the data) Total manufacturing overhead costs are as follows: Requirement 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product Begin by choosing a cost driver for each overhead cost pool Activity Cost driver Machining Set up Inspection Determine the formula to calculate the overhead alocated to each product Overhead allocated to product Now calculate the total overhead allocated to each product and the overhoud cost per unit (Round your answer to the nearent cont.) Mathematical Financial Machining costs Setup costs Inspection costs Total overhead costs Manufacturing overhead cost oer unit Requirement 2. Compute the manufacturing cost per unit for each product. Determine the formula to calculate the direct costs per unit. Direct cost per unit Now compute the manufacturing cost per unit for each product. Financial Mathematical Manufacturing cost per unit Requirement 3. How might Peter's managers use the new cost information from Its activity-based costing system to better manage its business? (Select all that apply) A Managers can use this information to improve advertising compigns and their public imago. B. Managers can use this information to devise employee compensation packages, C Managers can use this information for pricing and product-mix decisions, and for cost reduction and process improvement decisions. D. Managers can use this information for design decisions, and to plan and manage activities - X Data table Financial Mathematical 100,000 Annual production in units Direct materials cost $ 200,000 600,000 200,000 300,000 $ 100,000 $ 5,000 $ Direct manufacturing labor cost Direct manufacturing labor-hours Machine-hours Number of production runs Inspection-hours 10,000 50,000 25,000 100 100 700 300 Print Done - Data table Total Machining costs $ 450,000 Setup costs 120,000 Inspection costs 100,000 Print Done