Save Several years after reengineering its production process, Enke Corp. hired a new controller, Natalie Babin. She developed an ABC system very similar to the one used by Enke's chief rival, Northstar. Part of the reason Babin developed the ABC system was that Enke's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, Enke had used a plantwide overhead rate based on direct labour hours that was developed years ago. (Click the icon to view the overhead costs and budgeted data.) Requirements Requirement 1. Compute the gross profit per wheel if managers rely on the ABC unit cost data Begin by computing the total costs Enke Total cost per unit using ABC data Standard Deluxe Question Vie Total manufacturing cost Manufacturing Overhead Costs per Unit Standard Deluxe ABC costs $ 165.50 $ 296.00 Plantwide overhead rate $ 184.60 $ 276.90 The following data are budgeted for the company's Standard and Deluxe models for next year: Standard Deluxe Sale price per wheel $ 300.00 $ 440.00 Direct materials per wheel 30.00 46.00 Direct labour per wheel 45.00 50.00