Shakti Company budgets overhead cost of $88.000 for the year. The company reports the following for its standard and deluxe models Standard $ 14 20 $ 25 29 Cost per Unit Deluxe Direct materials Direct labor 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 3 direct labor hours per unit and the deluxe model uses 4 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. Required 1 Required 2 Required 3 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 8,000 direct labor hours. Select Numerator Select Denominator 2 & 4 0 Saved Help Save & Exit Subn Direct materials Direct labor $ 14 20 $ 25 29 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 3 direct labor hours per unit and the deluxe model uses 4 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. Required 1 Required 2 Required 3 The standard model uses 3 direct labor hours per unit and the deluxe model uses 4 direct labor hours per unit. Compute overhead cost per unit for each model. Model Plantwide Overhead Rate Hours per Unit Overhead Allocated Standard Deluxe per unit per unit Saved Help Save & EX Direct materials Direct labor $ 14 20 $ 25 29 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 8,000 direct labor - 2. The standard model uses 3 direct labor hours per unit and the deluxe model uses 4 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. Required 1 Required 2 Required 3 Compute the total product cost per unit for both models. Product Cost Direct Materials Direct Labor Overhead per Unit Cost per Unit Standard Deluxe $ 20 14 $ 25 $ $ 29