Rounded Edge Direct materials Direct labor Overhead (using plantwide rate) $ 33,000 11,000 39,600 Total product cost Units produced Product cost per unit Squared Edge $ 45,000 30,000 76,400 Total $ 78,000 41,000 116,000 $ 83,600 11,000 $ 7.60 $ 151,400 15,000 $ 235,000 $ 10.09 lorthwest's controller wants to apply activity-based costing to allocate the $116,000 of overhead cost to the two products to see whether product cost per unit would change markedly from that above. The company's budgeted activity usage equals its actual ctivity usage for the period. The following additional information is collected. Activity Purchasing Depreciation of machinery Setup Total Budgeted Cost $ 5,900 Activity Cost Driver Purchase orders Rounded Edge Activity Usage Squared Edge Total 60,600 49,500 Machine hours Setups $ 116,000 134 orders see hours 40 setups 456 orders 1,500 hours 210 setups 590 or 2,000 hor 250 se Required 1 Required 2 Required 3 Compute the activity rate for each activity using activity-based costing. (Round "Activity rate" to 2 decimal places.) Activity Purchasing Depreciation Setup Budgeted Cost Budgeted Activity Usage Activity Rate Overhead cost per unit-Rounded Edge- Activity Purchasing Depreciation Setup Total allocated cost Units produced Overhead cost per unit Overhead cost per unit-Squared Edge Activity Purchasing Depreciation Setup Total allocated cost Units produced Overhead cost per unit Activity Usage Activity Rate Allocated Cost $ 0 Activity Usage Activity Rate Allocated Cost 0 $ 0 0 Determine product cost per unit for each of the two products using activity-based costing. (Round intermediate calculations and final answers to 2 decimal places.) Per Unit Rounded Edge Direct Materials Squared Edge Direct Labor Overhead Product Cost per Unit