Sand Company makes two products: a basic product (BP), and a specialized deluxe product (SDP). Data on the two products is as follows: BP SDP Direct labor hours 90,000 45,000 $1,485,000 10,000 5,000 Units produced Prime cost $190,000 Total overhead is $360,000 and is applied on the basis of direct labor hours. If required, round rates and per unit costs to the nearest cent and round dollar figures to the nearest dollar. 1. The predetermined overhead rate based on direct labor hours is $ per direct labor hour. 2. Using an overhead rate based on direct labor hours, complete the table below with the Applied Overhead amount and both the total product and total units costs for BP and SDP. Sand Company Total Product Costs BP $1,485,000 SDP $190,000 Total prime cost Applied overhead Total product cost = number of units 45,000 5,000 Unit cost Sand Company makes two products: a basic product (BP), and a specialized deluxe product (SDP). Data on the two products is as follows: BP SDP Direct labor hours 90,000 45,000 $1,485,000 10,000 5,000 Units produced Prime cost $190,000 Total overhead is $360,000 and is applied on the basis of direct labor hours. If required, round rates and per unit costs to the nearest cent and round dollar figures to the nearest dollar. 1. The predetermined overhead rate based on direct labor hours is $ per direct labor hour. 2. Using an overhead rate based on direct labor hours, complete the table below with the Applied Overhead amount and both the total product and total units costs for BP and SDP. Sand Company Total Product Costs BP $1,485,000 SDP $190,000 Total prime cost Applied overhead Total product cost = number of units 45,000 5,000 Unit cost