Sandstorm Manufacturing Inc. makes two types of industrial component parts the LE100 and the UL600. It annually produces 56,000 units of LE100 and 12,100 units of UL600 The company's conventional cost system allocates manufacturing overhead to products using a plantwide overhead rate and direct labor dollars as the allocation base. Additional information relating to the company's two product lines is shown below: LE100 UL600 Total Direct materials Direct labor $362,325 $158,550 $520,875 $ 116,000 $ 40,500 $ 156,500 The company is considering implementing an activity-based costing system that distributes all of its manufacturing overhead to four activities as shown below: Activity Activity Cost Pool (and Activity Measure) Manufacturing Overhead LE100 86.000 Machining (machine-hours) Setups (setup hours Product-level (number of products $ 219.750 113.400 54 970 UL600 60.500 260 Total 146,500 315 55 The company is considering implementing an activity-based costing system that distributes all of its manufacturing overhead to four activities as shown below! Activity Activity Cost Pool (and Activity Measure) Manufacturing- Overhead LE100 UL600 60,500 260 $ 219,750 113.400 54.970 Total 146,500 315 Machining (machine-hours) Setups (setup hours) Product-level (number of products) General factory (direct labor dollars) 55 50,080 116,000 $40,500 $156,500 438.200 Total manufacturing overheads cost Required: 10 come the plantwide overhead rate that would be used in the company's Required: 1-a. Compute the plantwide overhead rate that would be used in the company's conventional cost system (Round your final answer to 2 decimal places.) Predetermined overhead rate per DLS 1-b. Using the plantwide rate, compute the unit product cost for each product. (Do not round intermediate calculations. Round your answers to 2 decimal places.) LE100 UL600 Unit product cost 2-a. Compute the activity rate for each activity cost pool. (Round your Machining and General factory activity rates to 2 decimal places.) Activity Rate Activity Cost Pools Machining Setups Product-level General factory per MH per setup hr per product per DLS 2-b. Using the activity rates, compute the unit product cost for each product. (Do not round intermediate calculations. Round your answers to 2 decimal places. UL 600 Unit product cost