Shakti Company budgets overhead cost of $80,000 for the year. The company reports the following for its standard anc models. 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 8,000 direct labor hours. 2. 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: 3. Compute the total product cost per unit for both models. Complete this question by entering your answers in the tabs below