Sheffield Fire, Inc. manufactures steel cylinders and nozzles for two models of fire extinguishers: (1) a home fire extinguisher and (2) a commercial fire extinguisher. The home model is a high-volume (54,000 units), half-gallon cylinder that holds 2 1/2 pounds of multi- purpose dry chemical at 480 PSI. The commercial model is a low-volume (10,200 units), two-gallon cylinder that holds 10 pounds of multi-purpose dry chemical at 390 PSI. Both products require 1.5 hours of direct labor for completion. Therefore, total annual direct labor hours are 96,300 or (1.5 hours * (54,000 + 10,200)). Estimated annual manufacturing overhead is $ 1,567,870. Thus, the predetermined overhead rate is $ 16.28 or ($ 1,567,870 +96,300) per direct labor hour. The direct materials cost per unit is $18.50 for the home model and $26.50 for the commercial model. The direct labor cost is $19 per unit for both the home and the commercial models. The company's managers identified six activity cost pools and related cost drivers and accumulated overhead by cost pool as follows. Use of Drivers by Product Estimated Use of Cost Drivers Cost Drivers Estimated Overhead Home Commercial Pounds $83,750 335,000 215,000 120,000 Activity Cost Pools Receiving Forming Assembling 152,950 35,000 27,000 8,000 Machine hours Number of parts 401,450 217,000 165,000 52,000 53,040 25,500 15,500 10,000 Testing Number of tests Use of Drivers by Product Activity Cost Pools Estimated Overhead Estimated Use of Cost Drivers Home Receiving $83,75 335,000 215,000 Cost Drivers Pounds Machine hours Number of parts Number of tests Commercial 120.000 8,000 52,000 Forming 152.950 35,000 27,000 Assembling 401,450 217,000 165.000 Testing 53,040 25,500 15,500 10,000 Painting Gallons 52,580 5,258 3,680 1,578 Packing and shipping Pounds 824,100 335,000 215,000 120,000 $1,567,870 Under traditional product costing, compte the total unit cost of each product. (Round answers to 2 decimal places, eg, 12.50.) Home Model Commercial Model Total unit cost $ 61.92 69.92 e Textbook and Media Activity ost Pool Estimated Overhead Estimated Use of Cost Drivers Activity-Based Overhead Rate ceiving $ 83750.00 335000 Pounds $ 0.25 per pound rming 152950.00 35000 Machine hours 4.37 per machine hour sembling 401450.00 217000 Parts 1.85 per part sting 53040.00 25500 Tests 208 per test inting 52580.00 5258 Gallons $ 10.00 per gallon cking d pping 824100.00 335000 Pounds 246 per pound $ 1567870.00 Home Model Commercial Model Activity Cost Pool Expected Use of Drivers Activity- Based Overhead Rates Cost Assigned Expected Use of Drivers Cost Assigned Activity- Based Overhead Rates Receiving Forming Assembling Testing Painting Packing and shipping Total costs assigned (a) Units produced (b) Overhead cost per unit [(a) = (b)] Compute the total cost per unit for each product under ABC. (Round answer to 2 decimal places, e.g. 12.25.) Home Model Commercial Model Senter a dollar amount rounded to 2 decimal places Senter a dollar amount rounded to 2 decimal places Total cost per unit Classify each of the activities as a value-added activity or a non-value-added activity Activity Receiving Forming Assembling Testing Painting Packing and shipping