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Shakti Company budgets overhead cost of $72,000 for the year. The company reports the following for its standard and deluxe models. 1. Compute a single

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Shakti Company budgets overhead cost of $72,000 for the year. The company reports the following for its standard and deluxe models. 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 6,000 direct labor hours. 2. The standard model uses 2 direct labor hours per unit and the deluxe model tises 3 direct labor hours per unit. Compute overhead cost per unit for each model. 3. Compute the total product cost per unit for both models. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 6,000 direct labor hours The standard model uses 2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit. Compute overhead cost per unit for each model. Compute the total product cost per unit for both models

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